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John Robinson's 8 Day Finance Report  Form

John Robinson's 8 Day Finance Report Form

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so companies go bankrupt all the time it's perfectly fine but in the case of the banks if a bank goes bankrupt it's likely that a lot of other banks will go back or it's possible depending on what precipitate the bank would see but if it's a housing crash many banks will go bankrupt at once and if that happens there's a cost to the economy which is beyond the cost of the individual shareholders and managers of the terms and the next and you know an externality negative externality is a standard a standard ground for regulation that conservative economists who generally accept so now let's talk about Fannie Mae's Freddie Mac um there's almost something paranoid about the significance that Mr Wallace and attaches to these disreputable companies and and and I don't understand I don't understand the logic by which Reckless practices by Fannie Mae and Freddie Mac somehow infect the rest of the market so suppose

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