badgenome on 13 June 2012
| Soleron said: Yeah, I keep saying this. Where is the incentive to change how you operate, if the current practices mean you get huge bonuses during the boom and then unconditionally bailed out when it crashes? |
There is none. Typically, after the bailouts there was no serious restructuring done to make sure that this never, ever happened again. Just a lot of talk that it would never happen again because... of some reason no one bothered to articulate, maybe because it doesn't exist. And since the big banks have an even larger market share than they did before the crash, they're even more too big to fail than before! It is, by turns, hilarious, infuriating, and terrifying.
