IT'S MAGIC...!!
THE BAD DEBTS ARE SEPERATED OUT...DUMPED ON THE TAXPAYERS...AS A "FAILED" OR "BAD BANK..."
BUT THE GOOD DEBTS ARE LEFT ON THE BALANCE SHEET... TO SHOW HOW WELL MANAGED THE BANK WAS...!!
BIG BONUSES ALL ROUND!!
....FOR EVERYONE!!
SO INSTEAD OF GETTING EQUITY IN A REAL BANK...THE TAXPAYERS "BUY" A PRE-PACKAGED "BAD BANK!!"
WHO CAN WE IMPEACH...FOR THIS...?
