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House Was Right to Reject Deceptive Wall Street Bailout. One That Comes Later This Week Must Protect Taxpayers
I think Paulson shot the wad on this deal, and it was a blank. Now he is on his way out the door. Just my .02 cents.— September 29, 2008 11:30 p.m.
House Was Right to Reject Deceptive Wall Street Bailout. One That Comes Later This Week Must Protect Taxpayers
If the market recovers on Tuesday and/or Wednesday then I think the chances of a bailout or toast. The longer we go without a bailout the greater the chance there will be no bailout. There is just too much grass roots opposition to this bailout, in my opinion. In fact I have never seen such grass roots opposition that has been so strong on one issue in my entire life. People were demonstrating on Wall Street last Friday at 5PM against the bailout. They were/are mad as hell. The politicians are running scared-for once. I have my money against Big Business on this bet. 99 to 1 and more opposition-have never seen that either.— September 29, 2008 5:45 p.m.
Paulson Raked in $27 Million a Year While Heading Goldman, Says Expert Graef Crystal, Who Opposes the $700 Billion Bailout and Also Opposes Compensation Controls
Prssure is mounting to stop the $700 Billion bailout-I still think it has a good chance of failing-50/50. And the odds of failing go up each day there is no agreement on the bailout. By JohnnyVegas 11:51 a.m., Sep 26, 2008 > Report it ============================================ The bailout failed-DOA-at least the version voted on just a few minutes ago. A big victory for the poor and middle class America. The LA Times reported today that calls to one So Cal Congressman ran 300 to 2 AGAINST the bailout. Those numbers jive with the other numbers I have heard, which stated that the opposition was 95-99+% against a bailout.— September 29, 2008 11:28 a.m.
USD's Partnoy Says Government Should Buy Actual Mortgage Loans, not Derivatives
Opposition to the bail out was running 20-1 against it. Yet Congress is saying today that they have reached a deal on a bailout. Now if that does not tell everyone how screwed up our system has become then I don't know what will. 20-1, with large scale protests on Wall Street on Frida evening. The ONLY people who want the bailout are the foriegn debt holders and Big Business/Wall Street. Our Country is messed up.— September 28, 2008 2:28 p.m.
USD's Partnoy Says Government Should Buy Actual Mortgage Loans, not Derivatives
Why don't the politicians take such a sensible path? Partnoy does not address the reason. I will give my opinion. The politicians of both parties are owned by lobbyists from the financial services industry. ==================================== We have a winner.— September 27, 2008 8:44 a.m.
Report: Chinese Regulators Told Country's Banks To Stop Interbank Lending to U.S. Institutions
Man, I had called WaMu to go under by 5PM last friday, off by just 3 business days!— September 26, 2008 4:49 p.m.
Comerica Park, Chase Field – banks foolish to use stadiums
#16, If memory serves me, the San Diego version of the rockets actually made the playoffs 1 year. ======================================== Just did some research on the San Diego Rockets-Pat Riley-the NBA/Lakers/Heat coach played for the Rockets!— September 26, 2008 12:43 p.m.
Comerica Park, Chase Field – banks foolish to use stadiums
BTW Don-did you know Jack Murphy???? If yes, what was he like???????— September 26, 2008 12:34 p.m.
Comerica Park, Chase Field – banks foolish to use stadiums
In most cases, it's not that expensive, relatively speaking of course. For example, Qualcom only pays 900k per yr, ================================== Actually the Qualcom deal was $18 million up front, which is unique- but was contracted that way to plug the difference between the $60 million dollars in lease revenue bonds that were floated to pay for the upgrade and the ultimate costs of JM Stadium upgrades, which totaled $78 million dollars.— September 26, 2008 12:33 p.m.
Paulson Raked in $27 Million a Year While Heading Goldman, Says Expert Graef Crystal, Who Opposes the $700 Billion Bailout and Also Opposes Compensation Controls
Response to post $16: A $200 million dodge is disgusting, legal or not. Best, Don Bauder ======================================== I don't think it is a dodge though Don (and I make no claim to know anything about Goldman Sachs stock tanking/about to tank and that being a reason to get out of the holding). If Paulson had to divest in order to take the job with the Feds, and he would not have wanted to or needed to divest "but for" the Feds job- then he was simply transferring his ownership stake in Goldman Sachs for other stocks. NOW, Speaking of offshore tax scams, David Cay Johnston was on Lou Dobbs a few days ago and he said AIG has opver $20 BILLION offshore for the sole purpose of evading US taxes. I will tell you right now this is the kind of nonsense that will wipe this country out. Letting AIG get a HUGE billion dollar bailout while they cheat America of their fair share of taxes. Prssure is mounting to stop the $700 Billion bailout-I still think it has a good chance of failing-50/50. And the odds of failing go up each day there is no agreement on the bailout.— September 26, 2008 11:51 a.m.