The government has to buy into these banks because the business model is broke already broken.
On Feb 04 02:08 PM Robert Perrego wrote:
> OK - you buy the New York Yankees - a historically winning franchise, > cap all the salaries and let all your best players leave. > > What do you have left? The Kansas City Royals. And then it takes > years to rebuild by waiting for players to come back on the market > and back to your team. it's not like these producers grow on trees > or are mid-level talent. > > This says that the government is buying into these banks and destroying > their business models. > > Not too smart.
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The government has to buy into these banks because the business model is broke already broken.
Feb 04 14:13 pm
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All Comments by coffee is for closers »Why Capping Pay Is Likely to Work [View article]
On Feb 04 02:08 PM Robert Perrego wrote:
> OK - you buy the New York Yankees - a historically winning franchise,
> cap all the salaries and let all your best players leave.
>
> What do you have left? The Kansas City Royals. And then it takes
> years to rebuild by waiting for players to come back on the market
> and back to your team. it's not like these producers grow on trees
> or are mid-level talent.
>
> This says that the government is buying into these banks and destroying
> their business models.
>
> Not too smart.