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  • Wall Street Breakfast: Must-Know News [View article]
    "GMAC Financial Services and the Treasury are reportedly in advanced talks to prop up the auto-lender with its third helping of taxpayer money, making it the first of the stress-tested banks to need additional government capital. ....... The government's willingness to deepen taxpayer exposure to GMAC reflects the troubled lender's importance to the revival of the auto industry."

    Call me a skeptic, but the gov't's willingness to throw good money (to GMAC) after bad reflects the importance of the unions to the democrats and the brazenly unethical qualities of the Obama administration.
    Oct 28 09:58 am |Rating: +7 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    User 224899. Good recommendation, but trial lawyers (and unions) are among the biggest contributors to democrats. It will never happen.
    Feb 04 13:01 pm |Rating: +3 -2 |Link to Comment
  • Closed-End Funds: The Preferred Way to Play the Financials [View article]
    Also, one may consider PGF, Powershares Financial Preferred ETF, currently yielding (per Yahoo! Finance) 6.83%.
    Jun 08 10:27 am |Rating: 0 0 |Link to Comment
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