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Doesn't punish bankers for mistakes
OpposingArgument
1
#7070
The act denies the public a cathartic sense of retribution/nemisis in failing to punish the bankers for their mistakes.
CONTEXT
(Help)
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The Global Financial Crisis »
The Global Financial Crisis
The Global Financial Crisis☜Exploring the causes, consequences and responses to the global financial crisis. ☜F1CEB7
▲
How should the US and other governments respond? »
How should the US and other governments respond?
How should the US and other governments respond?☜Exploring policy options open to the US government and the other governments in response to the global financial crisis.☜FFB597
▲
Measures to alleviate the immediate symptoms? »
Measures to alleviate the immediate symptoms?
Measures to alleviate the immediate symptoms?☜What measures are available to alleviate the immediate symptoms of the financial crisis?☜FFB597
▲
The Emergency Economic Stabilization Act 2008 »
The Emergency Economic Stabilization Act 2008
The Emergency Economic Stabilization Act 2008☜A law authorizing the US Secretary of the Treasury to spend up to US$700 billion to purchase distressed assets, especially mortgage-backed securities, from the nations banks—enacated on 3rd October 2008.☜59C6EF
■
Doesn't punish bankers for mistakes
Doesn't punish bankers for mistakes☜The act denies the public a cathartic sense of retribution/nemisis in failing to punish the bankers for their mistakes.☜EF597B
●
Making bankers scapegoats for a systemic problem is simplistic »
Making bankers scapegoats for a systemic problem is simplistic
Making bankers scapegoats for a systemic problem is simplistic☜Making bankers scapegoats for a systemic problem is simplistic.☜98CE71
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Entered by:-
David Price
NodeID:
#7070
Node type:
OpposingArgument
Entry date (GMT):
10/8/2008 4:07:00 PM
Last edit date (GMT):
10/8/2008 4:18:00 PM
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