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Reason: Typo

Do you remember when the financial crisis was getting serious?

On the Friday where Lehman Bros went bankrupt, Obama was down by 5 points in the polls. He flew back to DC to meet with banking leaders. He was up by 5 points the following Monday and never looked back.

How many banks were ever prosecuted? That would be zero.

And we're still baling out US AND European banks every single day, 11 years later. Bush enacted the bank bailouts on his way out the door as a parting gift, but it had Obama's blessing.

Does that answer why Obama didn't let them go bankrupt? Or why there was no attempt made to put real banking reform in place? Or shrink the size of banks to reduce systemic risk?

7 days ago
1 score
Reason: Original

Do you remember when the financial crisis was getting serious?

On the Friday where Lehman Bros went bankrupt, Obama was down by 5 points in the polls. He flew back to DC to meet with banking leaders. He was up by 5 points the following Monday and never looked back.

How many banks were ever prosecuted? That would be zero.

And we're still baling out US AND European banks ever single day, 11 years later. Bush enacted the bank bailouts on his way out the door as a parting gift, but it had Obama's blessing.

Does that answer why Obama didn't let them go bankrupt? Or why there was no attempt made to put real banking reform in place? Or shrink the size of banks to reduce systemic risk?

7 days ago
1 score