I thought this was interesting!

[Joe]

Originally Posted by buckman

And I say fine, put new systems in place. How about this, don't borrow 500k on a 400k home if you don't make enough to cover the note. The people that had adjustable mortgages, reaped the benifit of low payments while I new better and payed a higher, but set fixed rate.They should not be bailed out. They gambled and lost. The tax payer should not have to pay for bad lending or bad borrowing.

What about the executives who lead their institutions into peril? I wonder how many of them were selling short and profiting on the decline of the companies they were leading? That's pretty cool huh? Lead the company down the %$%$%$%$ter, bet against it, make a killing, then get your ass bailed out and keep your whopping salary.....