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A comment on Joint Statement by the Department of the Treasury, Federal Reserve, and FDIC. Parent comment
Because they preached for years that regulation is bad, and the government shouldn't be involved in their financial affairs.
Then when something went wrong, they begged for a bailout from the very regulators they disdained: https://www.ycombinator.com/blog/urgent-sign-the-petition-no...
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Because they preached for years that regulation is bad, and the government shouldn't be involved in their financial affairs.
Then when something went wrong, they begged for a bailout from the very regulators they disdained: https://www.ycombinator.com/blog/urgent-sign-the-petition-no...