America’s banks are missing hundreds of billions of dollars

Re:America’s banks are missing hundreds of billions of dollars by polygamous_bat on Wednesday March 22, 2023 @08:58AM (#35260292)

> Blaming the government is a cop out. The job of finance professionals is to manage the assets in their custody responsibly.

Somehow I feel that blaming the government is much more than a cop-out; it's a calculated position that enables the big players to continue privatizing the wins and socializing the losses. "Of course we are getting a bailout", the narrative goes, "cause it was the big government's fault all along!"

[ Parent | on HN ]

Re:America’s banks are missing hundreds of billions of dollars by Spooky23 on Wednesday March 22, 2023 @09:41AM (#35260860)

Of course. Outside of academia and some law schools, there’s no real conservatives. These guys will cry and whine for bailouts, cash the check and start crying and whining about government meddling.

[ Parent | on HN ]