Quote:
Originally Posted by MikeFold
Lucy, I like you, and you seem like a nice girl...but you are somewhat ill-informed...
I do agree that Wall Street are generally a bunch of crooks but...
Two of the larger monetary bailouts were for the Unionized Auto Industry (excluding Ford which declined government aid)...
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If we are being totally honest the banks and Wall Street were handed truckloads of free money. The auto companies were bailed out, but they had to trade stock for that money, turn control of their companies over to the government and pay that money back. So really, it was more of a loan.