May 26, 2011
It happened in 1986, the economic collapse that led to demise of the entire Savings and Loan industry (amongst others), and cost the taxpayers nearly $500 billion; cost the Wall Street money manipulating charlatans that caused the problem nothing!
Then again in 2008, less than 10 years after the last of Glass-Steagall was repealed, costing taxpayers trillions of $$$ this go round...
Mortgages need the protection of the bankruptcy court system, and 'too big to fail' should be the perfect fit to go to jail!
Thank you for considering my comment,
Stephen Wyman
Georgetown, TX