Quote Originally Posted by MMI View Post
I don't disagree. Investors won't lose a lot compared with the losses the taxpayer or the ordinary creditors and depositors will bear.

Let investors loose the lot: theirs was money at risk anyway. But a bailout is to protect the ordinary users of banking services - people with little or no choice about how their money was used and nowhere else to place it (except under the floorboards). A bailout is to protect other companies - employers, people's jobs. It is to protect the economy of the States ... and, frankly, of the world too. America can quite legitimately look to the rest of the world this time and ask for a small contribution.

I'd rather a bailout than another Depression. Even a small one.
No, the bank depositors are already insured by FDIC for $100,000. These bailouts are to keep the investment houses solvent.