Ask anyone inside the “biz” and they’ll tell you the consequences of not bailing them out would have been disastrous
Why is everyone echoing this? Sorry, I just find it suspicious when the organization that caused the mess now tells us how imperative it is that they need to get full power over mitigation. I’m not buying the “if you don’t let us do what ever we want it will be catastrophic” line after Bush and Cheney…