Didn’t some of these companies cause the crash? Or at least help it. Feels kind of unfair that they get off scot-free.
What would have happened if the government didn’t bail them out? Would we ever recover?
In: Economics
How quickly we forgot the revolving door between Citibank and president Obama. An email from a citi.com address with a list of desired cabinet picks seems a massive conflict of interest. Obama softballing the banks during his first term will always draw question marks.
https://www.truthdig.com/articles/photo-of-the-week-obama-who-let-citigroup-staff-his-first-cabinet-calls-for-voter-solidarity/
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