Yellow Saga Ongoing

It returned in 2009 not 08

 

No, the first bailout was the $25 billion Bear Sterns bailout in March of 2008, and then continued through to TARP in October of 2008, and then continued into 2009.

Citi joins the list of companies too big to fail

That's from Nov 24, 2008.

Too Big to Fail? (Published 2008)

July 20, 2008

$700 billion bailout bill signed

Oct 2, 2008

Presidential remarks on the bank bailout

 

That was a term used by the Media in.08 .. not the Administration..
In 09 the administion started using that as their catch phrase to justify the piss poor decisions they were making to fix the economy
They would use that phrase 5 or10 times everyday during their daily briefing

 

A duck is a duck regardless of what a person calls it.

"Too big to fail" is a concept that originated under Nixon, was used heavily by Regan, and used by both Bush and Obama. Pretending Obama started it is disingenuous.

 

I don't recall mentioning any names did I ?
You assuming .. is dangerous

 

So you want to seize personal assets and income to pay business debt?

Tsk, tsk.

 

I know.

If the person is convicted of a criminal act like fraud, sure, but mismanaging a company does not rise to that level unless it can be proven that the mismanagement was done for the purpose of defrauding some entity.

 

"You didn't build that!"