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