8 ms·

but moral hazard makes the management of these companies worse and worse everytime one gets bailed out

• EpicEng 6y ago
  Not for the banks after 2008. I think far more people should have been arrested, but the reason our banks have enough liquidity to ride this out is due to regulations out in place after the last bailout.
  • fapjacks 6y ago
    Sure, but you're talking about regulation of the companies, not the management within the companies themselves. I think the parent comment's point stands.
  • lowdose 6y ago
    Wasn't really needed with QE and being the first to profit of this free lunch.