So we're tough on the auto industry and we get the head of GM--Rick Wagoner--to quit but how about the much larger banking and investment industry?
How about them?
The guys who "screwed the pooch" on banking, home mortgages, investments, stocks, almost everything, to the tune of trillions of dollars--where are they?
Why, they're still running those very same industries, of course.
Sure, we'll beat up on the much smaller and weaker car companies but when it comes to investment banking, why isn't the government tough on them?
AIG alone has cost us about 200 billion dollars, to support them.
Any talk on revamping how they work? How about shrinking that company a bit so it's not "too big to fail" for the country?
What? No word?
I thought not.
It's like in elementary school when two or three bullies would beat up on one weak one.
Link to story here:
http://www.nytimes.com/2009/03/30/business/30auto.html?_r=1&th&emc=th
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