paulsjj

Has President Obama's Mortgage Modification Plan Failed?

Tammny Hall D.C.

The Virtue of the Republic

Washington: "The House of Games"...The bail-out in all of its forms: "The Big Knockover" (Ref. Dashiel Hammet).

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.

Warren Buffett Agrees: Tangible Common Equity Ratio Is Way Overhyped

Who got how much TARP money? What did they do with it? There seems to be no public record on any of this.

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.

The Common Refrain, To Our Detriment

"To Big to Fail" and "Boom, Bust, Bailout". If your big and you know that your going to get bailed out you can leverage your investors and customers assets to the hilt: 30-60/1, walk away with a fortune, and leave the mess to ignorant politicians who will make it worse.