Wall Street Breakfast: Must-Know News [View article]
"With the financial industry stabilized, and many banks having or about to repay the government's aid with interest, the government is in talks with lawmakers to use unspent TARP money to offset jobs spending and aid the long-term unemployed."
Yep, once the money is out there, there is no getting it back. $200 billion at 3.5% (~ten year bond rate) interest is $70 billion over ten years that is automatically added to the deficit with no accountability.
Wall Street Breakfast: Must-Know News [View article]
I especially liked "Saved just before CIT hit the fan" on Monday.
On Jul 23 09:42 AM anon345 wrote:
> Dear Grammar Nazi, > Due to the high quality work Rachael produces every day I feel confident > defending her that she knows the correct spelling and rather was > playing on the word 'shoe' since Zappos is a shoe retailer. > > Great work as usual Rach
Wall Street Breakfast: Must-Know News [View article]
Yep, once the money is out there, there is no getting it back. $200 billion at 3.5% (~ten year bond rate) interest is $70 billion over ten years that is automatically added to the deficit with no accountability.
Wall Street Breakfast: Must-Know News [View article]
On Jul 23 09:42 AM anon345 wrote:
> Dear Grammar Nazi,
> Due to the high quality work Rachael produces every day I feel confident
> defending her that she knows the correct spelling and rather was
> playing on the word 'shoe' since Zappos is a shoe retailer.
>
> Great work as usual Rach