Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.

Should the financial experts who suggested the bailout, be prosecuted?

Or fired for giving very bad advice to the President? I am referring to the Bush administration as well as Obama.

I have not heard anyone complain about the poor advice given to our leaders by those who should have been the "experts" in that field.

7 Answers

Relevance
  • Anonymous
    1 decade ago
    Favorite Answer

    No, because the bailouts are working.

  • Anonymous
    1 decade ago

    YES! By Obama's Own Words - Last Saturday! "Well, American has NO MONEY in the Mint Right Now or in the Treasury". Then He Laughed about this! He was being asked by a reporter for the NY Times about the Bailout for Medical Care in America!

    This was Amazing to me when I saw (Yes on FOX - I didn't see it on Any Other Network!) The Double Standard in Definitively In PLACE! If Any Republican did even a 10th of the things that Obama does - He would have taken down in FLAMES!

    This Administration is Corrupt to the Core and Should Be Taken Legally! I am Amazed that Individuals could still support this garbage!

    Peace to All and God Bless! Jane.

    Source(s): Born American! Conservative By Study and CHOICE! God Bless America and Keep Her! God Bless Our Military - Past and Present!
  • 1 decade ago

    Were you not listening when they did it? They said VERY clearly that a good portion, or even the majority, was to provide long-term stimulus and stability, and that much of it would take at least 6 months to start working. Well, it's been 3 months. Things are getting better. Why don't you wait and see? There's always time for you to be a bitter, pessimistic idiot later on if it still doesn't work out!

  • 1 decade ago

    Poor advice? like the Iraq war's intel??

    in Finance, a stockbrokers word is as bad as a lieing kids'. There is no old wise man in financial projection, it's all about confidence and odds.

    But undertsanding the techniques for analyzing an investment is credited because the ley man doesn't bother. - White wash!

  • How do you think about the answers? You can sign in to vote the answer.
  • Anonymous
    1 decade ago

    Yes its horrible that the government is taking over all these companies and is doing so without even having to threaten them or fire a shot- plain crazy

  • We don't prosecute people in this country for making bad suggestions.

    As for firing: we don't even know yet whether the bailout was a good idea or not.

  • Anonymous
    1 decade ago

    They should be prosecuted and Obama should be tarred and feathered, but it won't happen

Still have questions? Get your answers by asking now.