LatteLibertine
(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.
|
clear eye
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Nov-12-08 10:16 PM
Response to Original message |
1. It's good to hear Robert Reich speaking up in opposition n/t |
SammyWinstonJack
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Nov-12-08 10:18 PM
Response to Original message |
2. Yeah, AGAIN! How many more times will we get jacked before bu$hco Inc leaves? |
Fire1
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Nov-12-08 11:04 PM
Response to Original message |
3. Of Course. The banks have to payoff those securities and |
|
'swaps.' (those that have been figured out, that is).
|
DU
AdBot (1000+ posts) |
Thu Apr 25th 2024, 11:11 PM
Response to Original message |