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Your Financial Bailout At Work

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LatteLibertine Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-12-08 10:11 PM
Original message
Your Financial Bailout At Work
Your financial bail out and work.

Looks like they have been giving money directly to the banks and not using it buy up "bad" loans. The money has been going for; shareholder dividends, CEO bonuses and compensation. The money is also being used to buy up troubled banks. The buying bank then turns around uses them as 140 million dollar tax shelters.

Looks like we got "jacked". Again.
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clear eye Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-12-08 10:16 PM
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1. It's good to hear Robert Reich speaking up in opposition n/t
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SammyWinstonJack Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-12-08 10:18 PM
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2. Yeah, AGAIN! How many more times will we get jacked before bu$hco Inc leaves?
x(
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Fire1 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-12-08 11:04 PM
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3. Of Course. The banks have to payoff those securities and
'swaps.' (those that have been figured out, that is).
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