Banks not that really well off on their own...bankers bonuses uncalled for in ne

What have they really done for the economy in terms of adding value? It would seem that banks are only doing better (those that are) since 2008 (1) because of the injection on public money and probably just as important (2) the changes in the accounting system allowing banks to consider properties held as worth bubble peak figures instead of "mark to market". What do you all think?

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4 warblah @ 2011 Feb 24, 10:28am

now where is that Andrew Ryan?

American in Japan @ 2011 Mar 21, 2:52pm

@Apoclayse,

I see your getting a bit more tame than in the past. I agree with this part especially:

>The executives should be arrested for fraud, convicted...

More Americans should be protesting the pact that this isn't happening more, except so many are caught up with bashing Obama...
and watch American Idol or NASCAR.

Vicente @ 2011 Mar 21, 3:38pm

The best part about this, is watching all this continuing flood of "cheap money" used to fuel acquisitions. If there's one lesson learned from Too Big To Fail, it's that it WORKS baby. So all the banks who behaved in such slipshod fashion, have used the opportunity to get even bigger and embed themselves further into our flesh. If there were any "free market" all the megabanks would be DEAD and gone. We should have at least made a condition of the bailouts the immediate breakup of the megabanks. Missed opportunity that will not come again unless it's at the end of pitchforks.

American in Japan @ 2011 Mar 21, 5:11pm

The dumber thing is all of the millions of Americans who think we have a free market system.

terriDeaner @ 2011 Mar 22, 3:31am

APOCALYPSEFUCK says

The executives should be arrested for fraud, convicted, stuffed into wedding dresses and shipped off to supermax prisons to provide, respectively, brides and snacks for neonazi serial killers and cannibals.

Delightful! Oh... wait... will there be soylent red for the conservative cannibals, and soylent green for the liberals? Otherwise there *could* be some hurt feelings!