Be sure to read the 39 recommendations from the UK: The Future of Banking Commission in their attached report.

The Brits took a very different approach than the Americans did, and the report stands in stark contrast to the FCIC in its approach.

You can read it in its entirety here.

Category: Bailouts

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

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