Quote:
Originally Posted by CrusaderPi
So the blue collar trademens are greedy and deserve to lose their jobs, but the white collar bankers get a pass?
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That's not really the argument. The argument is that if AIG or Citi completely dies, that will sink the banking system which intertrades, and anyone who uses the banks to manage day to day operations. Its not just a Citi or a BoA that then die, then you start talking about GE, Eaton, Siemens, Petro-Canada, Shell, Schlumberger, Suncor, CNRL, Intel, IBM, RIM, Apple...