Seems to send the message its ok to go bankrupt cause the gov will bail you out,... | Hacker News

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		floozyspeak on Sept 26, 2008 \| parent \| context \| favorite \| on: WaMu Fails. First major comercial bank to go. Seems to send the message its ok to go bankrupt cause the gov will bail you out, so wth, lets do it!

ars on Sept 26, 2008 [–]

OK for who? It's not OK for the bank of the shareholders - they lost everything! The customers don't really care.

So OK for who?

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