Is This the End of 'Too Big to Fail'? [View article]
It shouldn't be just the size that is material here. Financial companies which are vested in stock markets should not subsidize various operations with different risk portfolios and lump them together.
A single bank should have multiple listing in the stock market with operations that are insulated from each other with no intermixing of risk types or racketeering. Financial companies should offer salaries that are directly related to the losses and gains and the executive should suffer losses or negative salaries deducted from what they have banked when their companies collapse or suffer major losses.
AIG Bonuses: The Tipping Point Toward Decisive Action? [View article]
hopschoko, Paulson was at the helm in fact. Why aren't you naming him. Its funny when his name doesn't come up. The street is protecting their man. That's why.
AIG Bonuses: The Tipping Point Toward Decisive Action? [View article]
The street believes that it was an act of socialism and communism to cut these bonuses and refuses to accept responsibility and it refuses to pass any pain to executives for malpractice and that is why the regulations fail because they maneuver around it to help themselves.
This is street's business as usual where their players and executives pass the losses to employees and the public owning stocks that holds their bags. These bags keep getting bigger and bigger as the pockets of executives are getting bigger.
For example Macy sitting at a 15 year low would cut 7000 jobs and give its executives bonuses and it is not just about the companies that have been rescued. The morals of unregulated capitalism is pass high benefits to those that shield themselves from pain in high ranking jobs.
AIG Bonuses: The Tipping Point Toward Decisive Action? [View article]
The Chapter 11 would have meant the complete collapse of western baking system. Talking the talk is rather easy after the the hurricane is tamed. Capitalism tends to create capitalists that lie about the detestation that it can cause when it is not regulated.
On Mar 18 08:09 AM elcopone wrote:
> and let capitalism run it's course in Chapter 11.
Felix, good article. If AIG had failed, the number of bag holders would have increased to 1000s of institutions who would have failed and not only they would have failed, credit market would literally have frazen all over the world for years.
Looting Goes Mainstream: The Trouble with Government-Backed Risk [View article]
Haigh, your argument is not valid at all and those that claim this often do so to cover up for private institution fraud by avoiding the real topic.
Those Social security are not looting anyone, they are merely receiving the results of their labor agreements and their contract with the government.
If any population declines, each generation receives less social funding than the previous generation till population decline stabilizes otherwise there should not be funding issues. Other countries have managed with far more server population decline.
Looting Goes Mainstream: The Trouble with Government-Backed Risk [View article]
Kudos to the author for telling the truth. New York Times article is very accurate.
All the cries about socialism and Communism is designed to cover the fact these private institution were colluding to pass their losses to the public and governments.
Passing the losses to the public while those that benefit can live the life of luxury is name of the game. Giving massive bonuses to managers of failed institutions was about collusion. Rating agencies that produced fake ratings did in fact collude.
user344210, its interesting that would assess the benefits of socialism in negatively and could not really describe the benefits of capitalism other than claiming that the right wing people have all the money!. You must feel that it a club.
Americans can not claim either better health care or education.
American health care system has massive cracks and your are criticizing countries that have narrower cracks. With 25% of US population not being covered and medicare that is not as good as what the socialist offer, you should not be throwing stone from your fragile glass house.
How is a single payer system worse than fraudulent multi-payer system that extracts profits while consuming massively more percentage of GDP than the socialist countries. Health care club for the right wing is not offering better life expectancy either.
On Mar 05 12:49 PM patio wrote to "plagiarized John J. Wall" :
> I'm with you... > > Dear American liberals, leftists, social progressives, socialists, > Marxists and Obama supporters, et al: > We have stuck together since the late 1950's, but the whole of this
user344210, can you explain why would quoted comment of his would get the thumbs down for telling it is. Is there anything other than ganging up or presence of multi ID fraudster that could explain it.
Or is it just injured ego that stops Americans accepting the fact that other countries can be socialist can do just fine. Some poster even attacked him for being an immigrant. Its shameful and juvenile.
"I've lived in socialist countries. Everyone seemed to be doing quite well. Good jobs, nice homes or apartments, good free health care, good free education thru PhD if ability and interest was there, clean streets, well maintained infrastructure, one month paid vacation every year....."
bricki, I agree with you. Either AIG had to be insured or 100K institutions it insured. Rescuing it versus rescuing thousands upon thousands of institutions was pretty wise.
May of these posters especially in this site claim that private capital could have rescued all these banks which is just dellusional. Delusions of grandeur in midst of failure pretty much describes it.
Is This the End of 'Too Big to Fail'? [View article]
A single bank should have multiple listing in the stock market with operations that are insulated from each other with no intermixing of risk types or racketeering. Financial companies should offer salaries that are directly related to the losses and gains and the executive should suffer losses or negative salaries deducted from what they have banked when their companies collapse or suffer major losses.
AIG Bonuses: The Tipping Point Toward Decisive Action? [View article]
On Mar 18 11:53 AM hopschoko wrote:
> day that Geithner remains in office?
AIG Bonuses: The Tipping Point Toward Decisive Action? [View article]
This is street's business as usual where their players and executives pass the losses to employees and the public owning stocks that holds their bags. These bags keep getting bigger and bigger as the pockets of executives are getting bigger.
For example Macy sitting at a 15 year low would cut 7000 jobs and give its executives bonuses and it is not just about the companies that have been rescued. The morals of unregulated capitalism is pass high benefits to those that shield themselves from pain in high ranking jobs.
AIG Bonuses: The Tipping Point Toward Decisive Action? [View article]
On Mar 18 08:09 AM elcopone wrote:
> and let capitalism run it's course in Chapter 11.
Why AIG Wasn't Allowed to Fail [View article]
Looting Goes Mainstream: The Trouble with Government-Backed Risk [View article]
Looting Goes Mainstream: The Trouble with Government-Backed Risk [View article]
Those Social security are not looting anyone, they are merely receiving the results of their labor agreements and their contract with the government.
If any population declines, each generation receives less social funding than the previous generation till population decline stabilizes otherwise there should not be funding issues. Other countries have managed with far more server population decline.
Looting Goes Mainstream: The Trouble with Government-Backed Risk [View article]
All the cries about socialism and Communism is designed to cover the fact these private institution were colluding to pass their losses to the public and governments.
Passing the losses to the public while those that benefit can live the life of luxury is name of the game. Giving massive bonuses to managers of failed institutions was about collusion. Rating agencies that produced fake ratings did in fact collude.
The Road to Economic Hell [View article]
Americans can not claim either better health care or education.
American health care system has massive cracks and your are criticizing countries that have narrower cracks. With 25% of US population not being covered and medicare that is not as good as what the socialist offer, you should not be throwing stone from your fragile glass house.
How is a single payer system worse than fraudulent multi-payer system that extracts profits while consuming massively more percentage of GDP than the socialist countries. Health care club for the right wing is not offering better life expectancy either.
The Road to Economic Hell [View article]
The Road to Economic Hell [View article]
forums.hannity.com/sho...
On Mar 05 12:49 PM patio wrote to "plagiarized John J. Wall" :
> I'm with you...
>
> Dear American liberals, leftists, social progressives, socialists,
> Marxists and Obama supporters, et al:
> We have stuck together since the late 1950's, but the whole of this
The Road to Economic Hell [View article]
Or is it just injured ego that stops Americans accepting the fact that other countries can be socialist can do just fine. Some poster even attacked him for being an immigrant. Its shameful and juvenile.
"I've lived in socialist countries. Everyone seemed to be doing quite well. Good jobs, nice homes or apartments, good free health care, good free education thru PhD if ability and interest was there, clean streets, well maintained infrastructure, one month paid vacation every year....."
The Road to Economic Hell [View article]
May of these posters especially in this site claim that private capital could have rescued all these banks which is just dellusional. Delusions of grandeur in midst of failure pretty much describes it.
The Road to Economic Hell [View article]
The Road to Economic Hell [View article]