Quote:
Originally Posted by Rochard
This is exactly what caused the recession. Banks couldn't lose. When you go to the bank for a loan, you aren't getting a loan from the bank but instead you are getting a loan from an investor. If you pay it back or not, doesn't matter to the bank - They made money no matter what.
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not even that - the banks got paid from tax payers money and you still owe it to the bank.
how funny is that ?
obama tried to prevent that will happen again - and the very first thing trump did was to revoke this rules.
the tax payer will be again the idiot.