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Collateralize the bailout with liens against the real estate holdings of the companies being bailed

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Phoebe Loosinhouse Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-20-08 07:49 PM
Original message
Collateralize the bailout with liens against the real estate holdings of the companies being bailed
Lis pendens on every single frigging piece of corporately owned real estate of the bailees.
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grannie4peace Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-20-08 07:50 PM
Response to Original message
1. yup!!!!!!!!!!!!!!
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Wapsie B Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-20-08 07:53 PM
Response to Original message
2. And liens against pensions and bank accounts of senior managment.
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Phoebe Loosinhouse Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-20-08 07:54 PM
Response to Reply #2
3. There you go! nt.
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flvegan Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-20-08 07:56 PM
Response to Original message
4. Lis Pendens would be dismissed
A regular lien of one kind or another would work.

At least where I live.
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FlaDem83 Donating Member (121 posts) Send PM | Profile | Ignore Sat Sep-20-08 07:57 PM
Response to Original message
5. Love it!!! nt.
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midnight Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-20-08 08:08 PM
Response to Original message
6. I don't understand everything you said, but let them have to deal
with this mess like us.
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Phoebe Loosinhouse Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-20-08 08:10 PM
Response to Original message
7. This is not a give-away! This is a deal - and someone has to negotiate the deal looking out
For the taxpayers!

Who says they get a bail out with no strings attached or skin in the game or downside on their part?

Who's looking out for us in this?
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annabanana Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-20-08 08:15 PM
Response to Reply #7
8. It's a pity that Congress doesn't seem to be up to
DOING ITS JOB !
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KathieG Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-20-08 08:17 PM
Response to Original message
9. Absolutely!
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Mnemosyne Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-20-08 09:52 PM
Response to Original message
10. Great idea and thread! KnR! n/t
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