Quote:
Originally Posted by Claire.XXXBiz TV
banthis- and what was your conclusion
mine was maybe a few here could get together and buy a few banks 
Imagine the headline
CrackHoes.Com and Associates purchase JPMorgan type of thing 
Hey in this world everything is possible  |
Nahh, not everything, as far as I can see they purchased the bargain with your and my money, ie taxpayer's cash. It's a Federal bail-out, rewarding those with tax-$$$ who created the crisis in the first place, made Billions, and now cry poor to the Feds.
" Treasury Secretary Henry Paulson said on Sunday that talks about how to rescue Bear had continued throughout the weekend. He defended the Fed's bailout on Friday as "the right decision" and said the Bush administration was ready to take other actions to bring stability to the financial markets." (Source: CNN)