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Wednesday, April 1, 2009
12:42 PM TweetThis

This news story has 5 comments:

  •  
    yawn, his glass is always half empty
    Apr 01 12:53 PM | Link | Reply
  •  
    We're not subsidizing all corporate failure. Just the ones that gave generously to the Obama campaign.
    Apr 01 01:03 PM | Link | Reply
  •  
    We're simply rewarding bad behavior at the expense of those who didn't and continue to make prudent and wise choices.

    We're socializing our democracy, turning our back on individual freedom and corporate accountability.

    All that have done well are being sacrificed, along with their children, and grandchildren... arguably the rest of the world.

    Organized crime is rampant, deliberate, and inconsequential to those orchestrating this catastrophe.
    Apr 01 01:13 PM | Link | Reply
  •  
    “Why don’t we allow people to mark their house at what they think the value of their house is?”

    good analogy
    Apr 01 01:25 PM | Link | Reply
  •  
    "Purchasing $1 trillion in toxic assets won't be enough to solve the banking system's problems; the program probably needs to be at least twice as large," said Mark Zandi, chief economist at Moody's Economy.com.
    The first half of the plan focuses on loans sitting on bank balance sheets. U.S. banks may be holding as much as $2.5 trillion of toxic assets that haven't been written down yet, Zandi estimated.
    Apr 01 06:11 PM | Link | Reply
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