paulsjj

Has President Obama's Mortgage Modification Plan Failed?

Tammny Hall D.C.

FDIC Declares 'War' on Wall Street Oligarchs

Standard Oil was broken up... its parts are still around and bigger than ever. AT&T was broken up...its parts are still around and bigger than ever. What's so special about AIG, CITI, BA, etc.

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.

The Fed is Running Out of Options

FED: RIP. We are experiencing the greatest finincial fraud in the history of the universe. And nobody knows nothing: not Congress, not the Treasury, not the Fed, not the Regulators, and not the CEO's and not the Trustees. Why is that?

Treasury Continues to Harpoon the Real Economy

"We Owe It To Ourselves" (FDR). LOL