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Originally Posted by Mike at A+
Like horse racing, the stock market is gambling. Had this "bad bet" made money, no one would care. Besides it was done in the UK, not here. The guy needs to be fired and blacklisted from ever working at another investment bank. But the bottom line is that nothing illegal was done. Stupidity is still legal and it is still thriving here in America judging from how many people still support this idiot racist president.
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no one would mind if the taxpayers didn't have to use their money to bail out the banks when they lose on their schemes to make money.
