How about the multi-trillion dollar bailout of Wall Street caused this
stock market boom ?
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Date: Thu, 1 Aug 2013 14:20:10 -0700
From: c b <cb31450@gmail.com>
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Subject: [A-List] How about the multi-trillion dollar bailout of Wall
        Street  caused  this stock market boom ?
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How about the multi-trillion dollar bailout of Wall Street caused this
stock market boom ?


Also, the mortgage banks are collecting fully on the bad mortgages
they lent out, because of lots of insurance on the mortgages from
Fannie and Freddie ; so the stock market is getting that in addition
to the federal bailout money. The Stock Market made money coming and
going on the Housing Bubble. Plus, they can lend freely because if
they fail they know they will get bailed; they are to big to fail. The
doctrine of moral hazard is dead for the biggest banks and financial
institutions because they don't have to take risks in lending money,
especially the more they lend, the more likely they get bailed if they
fail . So, the Stock Market now reflects that new Big Creditors'
reality. We're Too-Big-To-Fail.