“When you lose money for individual consumers — i.e. taxpayers and citizens — people in government get very, very upset. Regulators get very, very upset,” Blankfein said.
Normally… yeah. Under this regime? I genuinely doubt they’d give a single fuck.
Maybe if those individuals are rich. Everyone else has been getting screwed without the government caring for a long while. It’s why so many had foreclosed on their home in 2008 while big banks were bailed out and their execs rewarded themselves with big bonuses.
Normally… yeah. Under this regime? I genuinely doubt they’d give a single fuck.
Maybe if those individuals are rich. Everyone else has been getting screwed without the government caring for a long while. It’s why so many had foreclosed on their home in 2008 while big banks were bailed out and their execs rewarded themselves with big bonuses.