Please understand that I am 100% against any bailouts. Can’t stress that enough.
The point is, we will be giving the financial industry trillions of our dollars over the next few years…and I have yet to hear any of the executives come out publicly, in tears, begging forgiveness for what they’ve done to our country. Have any of these “captains of industry” come out publicly, offering to give up all their worldly possessions to help pay for the mess they’ve created? That’s what I want to see. What I really want is for the govt to prosecute everyone who committed fraud, and to seize ALL their personal assets from around the world — and holdings in different names and trusts — in order to compensate us for the irreparable harm they’ve done to the U.S. taxpayers…don’t get me started.
Just saying that if we are going to capitalize the banks, we should get **something** in return.
