Did they always know they will be bailed out?
"Too big to fail" was already known about by that time, and remember that the literal translation of that is "rich enough to not have consequences for your actions"
Revisionist history. Just like vietnam vets getting spit on. It never happened.
Damn that sucks, I wish it did happen (same with the Vietnam story)
There's news paper articles from the progressive era about bank managers killing themselves. It happened even if it wasn't specifically on the day the GD started. I came across it when doing research for a project. In the late 1800s all through the 1920s there was a rash of suicides. After FDR we went off the gold standard and banks started being covered.
People kill themselves every day. Got a trend line of self righteous suicides that shows bankers stopped crucifying themselves after we abandoned the cross of gold and enacted FDIC? Or did you stop counting after you met your anecdotes and word count?
Okay nvm I was just saying but if you're going to be a dick about it, whatever. Bankers never killed themselves. They actually used to be immortal before we went off the gold standard. You can have 0 pushback on any posts you make from now on.
Here's a source of banker suicides in Chicago from the panic of 1896. I don't know why you think acknowledging suicides glorifies bankers as Christ figures.
http://www.alchemyofbones.com/stories/banks.htm
Isn't it based on like an eyewitness account by Winston Churchhill or some shit?
Of course it happened or they wouldn't have featured it in Jean-Claude van Damme's classic film, Timecop (1994)
The free market™ was always a lie, but it was sort of true in the 1920s. Hoover wasn't giving people shit.
WallStreeters or the millions of workers that lost their jobs, money and homes?
Was all a fabricated story, dude was eating beans while walking past a window on a high floor, spilled their beans on shirt and fell out a window after people started pointing and laughing about how that fool spilled beans on their shirt.
