Bachman nailed the answer in the debate that its not Wall Street that needs to get punished for the "bailout" its the dems who setup Fannie & Freddie and the pushed the CRA that need to get jailed.
Besides, a bailout is a free money, a loan is what banks got and they paid back every dollar with interest. So whats the beef about loaning banks money to keep the US economy solvent.
Hilarious. Republicans deregulated Wall Street at about the same time there was an accounting scandal at F/F. More than 70% of the mortgage market was moved to Wall Street. Wall Street was giving out mortgages like candy corn to any one who wanted one, where they bundled them together, insured them and sold them overseas as "securities". The insured securities were called by the name, "Derivatives". Heard that before? Derivatives?
When the "securities" tanked, Wall Street collected from such organizations as the "Lehman Brothers" where those securities had been "insured". "Lehman Brothers"? Ever hear that before?
Now, try to tie "derivatives" and "Lehman Brothers" to Freddie/Fannie and Barney Frank. Hold on a second. I need to get some popcorn and a soda. This is going to be hilarious.
