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Re: JP Morgan Chase Execs Vaporize $2B

Posted by AlM on Mon May 14 16:45:49 2012, in response to Re: JP Morgan Chase Execs Vaporize $2B, posted by Charles G on Mon May 14 15:07:41 2012.

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How do you solve the nuclear bomb issue? You tell Citibank you won't bail them out if they get into trouble.

And then 2 years later they tell you that they are about to go under and default on $1 trillion worth of obligations to other banks.

Maybe you just seize them. But Republicans don't like that kind of talk, and without Republican support it can't happen.

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