what a stupid idea by USA and euro govt !

[madmansg]

they going to inject capital into banks and take equity stakes. This means lousy management is still in charge and there will be more problems later. Weak banks should be allow to fail and strong banks survive to make the system lean and mean.

 

[Zombie]

This is very much protectionism.

 

[zhihau]

they going to inject capital into banks and take equity stakes. This means lousy management is still in charge and there will be more problems later. Weak banks should be allow to fail and strong banks survive to make the system lean and mean.

you're making perfect sense in a biological system, survival of the fittest... then come altruism

 

[madmansg]

i learn this in SAF where the stupidest and lousiert are recruited and the SAF become flabby and weak.