You definitely won't see anything like this in the US:
https://www.businessinsider.com/china-tells-evergrande-found...
Like in 2008, bankers made a killing selling toxic products and socialized all the losses when everything came crashing down.
Like in 2008, bankers made a killing selling toxic products and socialized all the losses when everything came crashing down.
Bankers lost their shirts in the whole thing - having to pay interest on those TARP loans or had to sell their shares to the government to get capital to survive.
https://en.m.wikipedia.org/wiki/List_of_banks_acquired_or_ba...