News for hackers. Stuff that matters.

A comment on Can We Survive the Next Financial Crisis?. Parent comment

Re:Can We Survive the Next Financial Crisis? by cycrutchfield on Monday September 10, 2018 @02:30PM (#17953902)
So a bunch of folks with poor credit and not enough income took on way more debt than they should have and got caught with their pants down. How exactly did they get robbed?
[ Parent | on HN ]
Re:Can We Survive the Next Financial Crisis? by darawk on Monday September 10, 2018 @02:37PM (#17953964)
The robbery was the bailout, not the people who took on irresponsible debt.
[ Parent | on HN ]
Re:Can We Survive the Next Financial Crisis? by losteric on Monday September 10, 2018 @02:36PM (#17953959)
The general public bailed out banks that profited off financial recklessness - banks that simply were not doing their job of managing risk.
[ Parent | on HN ]