Well, we bail out banks who make shoddy investments. That's my only counter to t... | Hacker News

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		wavefunction on June 9, 2017 \| parent \| context \| favorite \| on: Chicago taxi industry sliding towards collapse Well, we bail out banks who make shoddy investments. That's my only counter to the idea that medallions are going to ruin some lives soon.

criddell on June 10, 2017 [–]

Most restaurants fail and we don't bail them out.

I think the big banks are a special case because letting them fail may be more expensive than bailing them out.

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