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March 13, 2009 at 12:31 am
#74196
Participant
I mean come on there is a huge problem when citibank’s stock is worth less then the fee they charge to use an atm. The banking crisis is actually the governments fault because they got lazy on the fannie may and freddie mac standards. They knew banks were doing wrong but they still took the packaged mortgages. The sad truth is that come companies cant go under. It would hurt the us to much so the only real answer is to throw money at it in hopes of making it go away. I still support the idea of breaking up big businesses into smaller ones so that we never run into this problem again.