Originally Posted by justabubba

risk versus reward

those investors could have done as some of us and parked our funds in government securities. we did not enjoy the run up in value, but that was the price we willingly paid for the negligible risk

what disincentive is there to take on risk if you know your losses will be covered? that is the "logic" that causes us to bailout banks that are "too large to fail". heads i win tails you, the taxpayer, lose