Too Big to Bail

 Posted by on 23 April 2008 at 6:19 am  Business, Finance, Politics
Apr 232008
 

I really enjoyed Alex Epstein’s “video op-ed” explaining “how the government’s ‘too big to bail’ policy encouraged financial institutions to make billions of dollars in bad subprime investments.”

The text version of the op-ed is available on the Ayn Rand Institute web site, but it’s just soooo much better to hear Mr. Epstein speak that fabulous line about “government bailout crack”!

   
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