Five All Time Greatest Bail Outs
I love banking bail outs, and so should you. What would life be like without them? Without bail outs bankers would have to behave like the rest of us, and where is the fun in that? Of course, banking could be a pretty straight forward job. You look after people’s savings by investing them in profitable enterprises. The savers get a return on their money, the enterprises thrive and a little way down the road society as a whole is richer. It is not very different to laying bricks or running a shop really. A bit of common sense and some hard work; you make a nice living and do your bit to improve life for everyone else.
But be honest, wouldn’t that just be so dull! It is a lot more fun to lend out more money than you actually have to lots of very risky projects which pay a good return.