Brief conversational excerpt in which two speakers argue that there are no real consequences for bank executives when regulators (e.g., the FDIC) step in to bail out firms. They compare current bailouts to the 2008 financial crisis, claim CEOs and executives kept the money, and assert that consequences fall on others rather than those responsible.
There needs to be consequences.
Big fat.
Consequences. And if the.
FDIC just comes and.
Takes care of it, all.
Those consequences.
Aren'T going to show up. They are going to show up, just not to the people that should be dealing with the consequence. It's no different than in 2008, when all the bailouts happened and all of.
These CEOs.
And all the people got all the money.
The government funded.
All the bailouts, but.
The guys that were running the company that ran it into the ground, they.
Ended up with all the money. The same thing.
Is going to happen again. That's called crony capitalism.
