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<p>[QUOTE=&quot;medoraman, post: 1935229, member: 26302&quot;]That is not true either. Many of the US Treasury loans to financial institutions were of higher priority than equity holders of the firm.</p><p><br /></p><p>Now, I defend it on that point, but I was still against all of the bailouts. I still believe Wall Street needs to understand that they can fail, and have the FEAR of failure guiding their business decisions. I do believe they are lacking that now, and I hate that fact. </p><p><br /></p><p>So, I am against bailouts, but I simply wanted to point out that what many bandy about on the details of those bailouts are not true. The US was in a higher position than shareholders, we did make tens or hundreds of billions on them, but I still did not like them. If you say the shareholders benefited, that would be true. Those firms would have went bankrupt. However, the US also benefited, since all of the salaries they pay today pay at least a third to the US treasury, so the US also benefits by keeping those firms in business.[/QUOTE]</p><p><br /></p>

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