Originally Posted by BrooklynBomber
I see, and the banks are sure gonna cash in on these insurances, but wait, would not it then spell doom for the banks as well? In a slightly longer run?
Because as far as I see, with these insurance companies going to **** that means the marker is gonna **** up big time as well?
Pretty much. It has the potential to be the worst thing that has happened to the US economy since the great depression.
Funny thing is that fact that its plain as day, yet it is getting no news coverage, congress actually praised ben bukake for doing an "excellent job" and reacting "swiftly".
What a joke.