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FlyingTiger (340 posts) Send PM | Profile | Ignore | Fri May-15-09 03:22 AM Original message |
TARP Chairman Calls Bailouts a Sham |
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mule_train (611 posts) Send PM | Profile | Ignore | Fri May-15-09 11:11 AM Response to Original message |
1. stunning |
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FiveGoodMen (1000+ posts) Send PM | Profile | Ignore | Fri May-15-09 05:45 PM Response to Original message |
2. But now that we've got our man in the White House, he'll put a stop to that! |
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TheWatcher (1000+ posts) Send PM | Profile | Ignore | Mon May-18-09 09:11 PM Response to Reply #2 |
14. With who, Geithner? |
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unblock (1000+ posts) Send PM | Profile | Ignore | Fri May-15-09 05:55 PM Response to Original message |
3. well of course they're basically insolvent. they wouldn't need tarp funds otherwise! |
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FlyingTiger (340 posts) Send PM | Profile | Ignore | Sat May-16-09 02:56 PM Response to Reply #3 |
9. Completely untrue. The money was provided in case they were ILLIQUID. |
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unblock (1000+ posts) Send PM | Profile | Ignore | Sat May-16-09 04:28 PM Response to Reply #9 |
11. wrong. if the the problem were only illiquidity, they would have solved it differently |
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FlyingTiger (340 posts) Send PM | Profile | Ignore | Sat May-16-09 05:56 PM Response to Reply #11 |
12. Half true, half not. |
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unblock (1000+ posts) Send PM | Profile | Ignore | Sat May-16-09 08:14 PM Response to Reply #12 |
13. the whole point of the "stress test" was to figure out how much they needed to remain solvent |
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FlyingTiger (340 posts) Send PM | Profile | Ignore | Wed May-20-09 02:41 AM Response to Reply #13 |
15. The "stress tests" are provably laughable. |
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bvar22 (1000+ posts) Send PM | Profile | Ignore | Fri May-15-09 06:59 PM Response to Original message |
4. A "Sham" you say? |
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alterfurz (723 posts) Send PM | Profile | Ignore | Sat May-16-09 08:09 AM Response to Original message |
5. simply "Bananas"! |
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javelin (21 posts) Send PM | Profile | Ignore | Sat May-16-09 09:25 AM Response to Original message |
6. This is my first posting, I am a new member. |
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AnneD (1000+ posts) Send PM | Profile | Ignore | Sat May-16-09 10:55 AM Response to Reply #6 |
8. Amen brother amen... |
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Cowpunk (572 posts) Send PM | Profile | Ignore | Sat May-16-09 10:19 AM Response to Original message |
7. Good post. Bad title. |
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FlyingTiger (340 posts) Send PM | Profile | Ignore | Sat May-16-09 02:58 PM Response to Reply #7 |
10. Yeah, I should have phrased that differently. n/t |
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