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fragmedetoday at 12:58 AM1 replyview on HN

It was worse because we bailed out the banks, because they were too big to fail, teaching them the lesson that they can do stupid shit and not really pay and consequences. There's no number on that to compare to a different situation, but thems the breaks.


Replies

AnimalMuppettoday at 1:48 AM

In at least some of those cases, the shareholders got nothing. We bailed out the depositors.