Savage Capital

Want to Reform Wall St.? Bring Back Partnership Investment Banks

if the banks had the ability to go private tomorrow, do you think they wouldn't?

guy who commented above: do you actually think that if any of the "too big to fail squad" were private institutions it would create a scenario where this situation would not have become a public burden? furthermore, claiming that this should have been a solely private issue seems naive given that everyone benefited. maybe the banks' employees, at least those that were smart enough to trade out of their positions or those who were overly compensated, benefitted disproportionately, but the real estate/credit bubble arcade was open to anyone who had enough change to put in the machine.