Banking 101: When You Get the Bailouts, You Don't Care About the Shame

Banking 101: When You Get the Bailouts, You Don't Care About the Shame

by
Abby Zimet

They're back! Another great, lucid, hilarious video from Omid Malekan, wherein these two guys explain bank bailouts, "too bigger-er to fail," and why Goldman Sachs, unlike other banks, didn't buy more banks with its new stash of taxpayers' money: "Because when you already own the US government, you don't need to buy any more banks." "Is this some kind of sick joke?" asks one dismayed guy. The answer, essentially: Yes.

"That does not sound like the gratitude, that sounds like the screwing of the American people."

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