paulsjj

Has President Obama's Mortgage Modification Plan Failed?

Tammny Hall D.C.

How Much of the Banks' Earnings Are Real?

Banks have a license to make money through the fractional reserve system. The only reason they fail is for over-reaching (excess leverage), assets that aren't assets, billions of $ off the balance sheet, and fraud.

Geithner's Plan Is a Waste of Time

I have a problem with the Treasury using the FDIC to underwright the PIPP market which is totaly speculative. The FDIC is supposed to guarantee the citizens savings deposits in banks nor do speculation. They only have about 18 billion in funds right now.