Machiavelli999

Stop looking to regulation to fix the financial sector and let the unhealthy banks die. "Regulation tends to make problems worse rather than better," analyst Roger Nightingale says. But if we didn't bail out the dying banks, to whom would bank executives turn to reinstate their swollen bonuses?

Right. That's why we should have nationalized the banks which would effectively be the same as putting them through bankruptcy but prevent all of the depositors in the bank from losing their money. You know, kinda like the FDIC has been doing for the past, oh I don't know, 70 years!!

But noooooooooooooo. That would be socialism/communism/death panels/etc.