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Sue Them, Jail Them, Make Them Pay for Meltdown

September 18, 2008
Ann Woolner
© 2008 Bloomberg.com

As it stands, the rest of us will be paying much money over a long time for the greed and bad judgment of those who melted down the economy. Hundreds of billions of taxpayer dollars are propping up firms that a relative few money lenders and Wall Street wizards ruined. If that weren't enough, the crisis is shrinking the money that Americans diligently socked away for retirement, down payments on first homes, college for the kids or this winter's heating bill. We might as well have opened our windows and tossed out cash.

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