User 267708

Morgan Stanley, Goldman Sachs Choose Life: What Kind of Life Will It Be?

After reading John Hussman's article, I have to ask who are the bondholders that should take the losses. I think Mr. Ehrenberg statement, "privatize the gains and socialize the losses" says it all. The financial institutions want to be bailed out at taxpayer expense. Without identifying the bondholders, we really don't know who or what financial institutions are at risk. Allowing the corruption and mismanagement by the financial institutions has put the entire economy at risk and they don't want to bear the losses.