Joe Fields
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Tue Nov-04-08 04:10 PM
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| Another WTF? moment, concerning the bailout. |
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I just heard on CNN moments ago that GE stock price went up 7%, on the news that they were allowed to participate in a portion of the bailout money. According to the report, the GE financial arm was in trouble.
So we're bailing out companies like GE now? Where does it fucking end?
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| sinkingfeeling
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Tue Nov-04-08 04:11 PM
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| 1. Heard that last night on ABC News... not only GE but also CITI group are begging for |
| Mike 03
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Tue Nov-04-08 04:16 PM
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| 3. CITI. That's one of the corporations I've been concerned about. Also J.P. Morgan/Chase. NT |
| Mike 03
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Tue Nov-04-08 04:15 PM
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| 2. Doesn't surprise me. There has been some concern about the financial arm of GE. |
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There are a lot of institutions out there that I'm concerned about, some of which are believed to be "healthy."
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| Mike 03
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Tue Nov-04-08 04:20 PM
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| 4. Rec'd. I appreciate posts like this because it seems like most people have no clue |
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how enormous and widespread this crisis really is. There are at least three more shoes to drop.
The DOW has a good day and people become convinced the worst is behind us.
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| KansDem
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Tue Nov-04-08 04:25 PM
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| 5. PHOTO: CEOs line up for bailout money! |
| Joe Fields
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Tue Nov-04-08 04:26 PM
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