"The first being that it's their money to waste" - are you sure?
If I learnt something about economy, is that investors often like to waste somebody else money. While storing their own safely in some "paradise".
Don't get me wrong - I like investors who risk their own money. That's what a *true* investor is.
What I do not like are investor that borrows money, or lure banks and the like to back their very risky and often absurd investments - and when the bubble collapse, ask for taxpayers money because they're "too big to fall", the whole economy would collapse without a bailout, etc. etc.
Biting the hand that feeds IT
