Taxpayer have bailed out the banks because of the financial gambling industry and are legally the owners of the banks therefore.
Oliver Stone raises also this aspect that communism has taken over in his second Wall Street movie.
I remember a Republican senator saying back in 2008 that a bail out is not "American".
What he did not dare to say is that it would be a market intervention that is more communism than a capitalistic way of dealing with this problem.
There are even European countries that are not living in democratic states or have been living for a period of time in none democratic states as the World Bank and the IMF and the EZB have simply "installed" accountants as head of states in Italy for instance.
I do not see any ethic in an industry that has taken the tax payer as an hostage (Barack Obama) in order to carry on with their personality disorders and drag the whole world into a mess that we will have to pay for generations by lowering living standards, loosing rights that have been fought for decades.
At the moment people are always vilifying the Russian oligarchs without looking at their own oligarchs such as the bankers.
Back to horology: completely wrong choice of watch for a potent consumer of his calibre.
Moritz