Quote:
Originally Posted by Coatsy
I think we'll have to agree to disagree Woj 
Banks/Bankers have not been held accountable for their actions that caused the credit crunch. Full Tilt Poker being charged with a Giant Ponzi Scheme is a joke in comparison to what Banks/Bankers have done over the past decade.
Housing Boom = GIANT Ponzi Scheme
Poker sites didn't cause bank runs throughout the western world... huge difference...  |
You can not like banks all you want, and some of their practices have been suspect but to compare banks to a ponzi scheme like full tilt poker did, epassporte, or Bernie madoff is just makes you sound loony.
The housing boom had nothing to do with a poniz scheme. That was just hype + lending money to people who couldn't afford it and shouldn't have been getting a loan.