FormerHangie
En-Route
Privatize the gains and socialize the losses; it’s been wallstreet’s MO for decades. During the rich, fat times they’ll ramble on about how their rugged individualism and superior intellect got them rich and dismiss anyone poorer than themselves as dumb and lazy. When their own stupidity comes back to bite them, and more importantly the innocent bystanders who are collateral damage, they come running to those poor, dumb, and lazy taxpayers to bail them out. Rinse and repeat.
It's not always stupidity, sometimes it's arrogance.