Tuesday, November 16, 2010

Where's Bonnie & Clyde When We Need Them?

Bankers have made a total botch of their business. And, of course, they are going to extort another taxpayer bailout by threatening to bring down the economy. And, of course, their first priority is billions of dollars in executive bonuses. And, of course, we have to give these fat cat executives tax breaks too.

In a rational world there would be a whole lot of big bank executives going to jail for fraud. There would be a whole lot of nationalized banks with stock equity zeroed out to cover their losses. In a rational world we would cut off the hands of crooked bankers. But, this is not a rational world.

So it looks like the best we can hope for is a new rash of bank robbers. Lets have some heroes in banks we can root for.

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