todsails

Did the Fed's Move Prevent a Stock Market Panic?

True, many of us would be hurt if BS (I like that) were allowed to fail. But what does this do. Consider top management compensation and what it does to the incentive mechanism. If you make risky bets and win, you get a super bonus. Great. If you make risky bets and lose, someone bails you out, you may get canned (if you were a working stiff you would get canned for sure) but if you are canned, you walk off with a huge package.
There should be a risk to the CEO for failure. Right now I do not see one. This may be part of the problem.