FDIC Chairman Sheila Bair says she's open to letting banks see some of the profits if they dump problem loans that ultimately recover some value. Bankers worry that unloading toxic loans at bargain prices to clean up their books will bring immediate pain - while transferring the prospect of any future recovery to the buyers. [View news story]
Translation: Privatize the profits and give ol-johnny taxpayer the problem and the losses. How many wrongs do these people think it takes to make a right!?
Thanks for nothing you stupid bi*ch, and to think taxpayers pay YOUR salary too! -- YOU'RE FIRED.
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Translation: Privatize the profits and give ol-johnny taxpayer the problem and the losses. How many wrongs do these people think it takes to make a right!?
Mar 27 11:11 am
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All Comments by Jackson Cash »FDIC Chairman Sheila Bair says she's open to letting banks see some of the profits if they dump problem loans that ultimately recover some value. Bankers worry that unloading toxic loans at bargain prices to clean up their books will bring immediate pain - while transferring the prospect of any future recovery to the buyers. [View news story]
Thanks for nothing you stupid bi*ch, and to think taxpayers pay YOUR salary too! -- YOU'RE FIRED.