General discussion
January 30, 2009 at 01:50 PM
tonythetiger

What would happen

by tonythetiger . Updated 17 years, 7 months ago

as in chains of events, if the bailouts hadn’t happened, and the big banks who are getting the money failed?

Money would be lost, sure, but not all of it.

The bank would have to sell off assets, right? To whom? What would happen to foreclosed homes held by the bank? Auctioned off? Then I would assume someone would be getting a house, right?

Bottom line, who is the bailout REALLY for? How badly are we being bamboozled?

This discussion is locked

All Comments