"bpuharic" wrote in message
...
On Wed, 28 Apr 2010 21:57:23 -0700, "Bill McKee"
wrote:


"bpuharic" wrote in message
. ..
On Tue, 27 Apr 2010 21:03:21 -0700, "Bill McKee"
wrote:


actually there weren't a 'bunch of good banks'. there were a bunch of
large banks and investment houses that gamed the system, making it
fail




No, there was a lot community banks that were hurt by the scamming to big
to
fail banks that Mr. Rubin, Clintons Treasury Secretary, helped create.
The
same Rubins that took Citibank in to CitiGroup. Should have let CitiGroup
fail. Goldman-Sachs go the the way of Lehman Bros. And the goverment put
BofA in trouble by forcing them to take Lehman and Country Wide.

and what happened to the stock market when lehman bros went under?

it collapsed

remember 1929? they tried your method.



It did not collapse because Lehman Bros went under. It collapsed when the
first couple people with stated income loans could not pay the mortgage.