Last week the U.S. Government Accountability Office (GAO) released a report titled "Large Bank Holding Companies: Expectations of Government Support."
And wouldn't you know it - all the "Too Big to Fail" banks broke out their crack pipes.
The report didn’t surprise anybody. After all, we all already know that big banks are government bootlickers, when they need to be.
But there's a version of reality in here that only makes sense if you're smoking crack...
Last week the U.S. Government Accountability Office (GAO) released a report titled "Large Bank Holding Companies: Expectations of Government Support."
And wouldn't you know it - all the "Too Big to Fail" banks broke out their crack pipes.
The report didn’t surprise anybody. After all, we all already know that big banks are government bootlickers, when they need to be.
But there's a version of reality in here that only makes sense if you're smoking crack...
