Bababooie

Can the Public-Private Plan Work?

So... If the Common banks don't have it .... The Investment banks Don't have it..........The taxpayers are losing their homes, because they don't have it..... exactly where is the money???

AIG's at It Again with Ludicrous $450M 'Retention Pay' Scheme

Sure...give them their bonuses, but make them invest in the company with that money. They should be given bonuses on a 20 to 1 deal! For every 20 dollars they invest in corporate bonds, the company kicks in 1. Also make a mandatory five year waiting period for the funds. So if they sell any of the bonds from the account, they loose. Infusing 9 billion into AIG through the purchase of bonds would not amount to much compared to the hundreds of billions that have already been given by the Government. But my guess would be that the bonus millionaires would keep a closer eye on how things operate.

Great Depression Not Imminent, But Inevitable

The whole business of shorting has caused the downfall of financing. With the drop,Lenders were not able to generate loans. The lack of loans caused the stock to drop even more. This loss was accelerated by short buyers. Reviewing a number of stock interests you can see with certainty that the drop was (and is) being controlled. The Financial institutions had book losses with sub-prime loans and margins calls with the stock prices going down. What about the other side of the balance sheet, where there was short investing. The jury is still out for these companies, as the market is still flat. The exit of shorts by many should be taken quickly, before the market rises and they get caught. The SHORT Uptick rule was not properly modified after the conversion from fractions to cents. A reform is needed to challenge the way SHORTS are transacted.