Thread: Gov Bailouts
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Old 09-18-2008 | 03:11 AM
  #36  
milky
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Originally Posted by jsled
And Bear Stearns? AIG? What says you about their bailouts? Were they not in "pure" markets?
I don't know how 'pure' their markets were, but a gov't bailout just ruined the market force of failure that keeps the next big company from making the same bad investments that they did. A gov't bailout definitely takes the purity from the market.