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Why is it illegal to encourage a run on banks, but it is perfectly

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rzemanfl Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-20-08 09:51 PM
Original message
Why is it illegal to encourage a run on banks, but it is perfectly
okay for Bushco to say there will be "a meltdown?"
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napi21 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-20-08 09:53 PM
Response to Original message
1. Maybe because he said it AFTER he asked for the $&00 billion?
Paulson said the same thing, but only after he said he was going to propose a lifeline.
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rzemanfl Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-20-08 10:08 PM
Response to Reply #1
3. Okay, if I take my money out on Monday I won't post about it
until I get back from S******t B**k.
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billyoc Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-20-08 09:55 PM
Response to Original message
2. It's also legal to form a cartel to bet on the market tanking, then tell everyone you're doing it
which guarantees that the ensuing stampede will ensure you win your bet.
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