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  • An Absence of Leadership [View article]
    User 257896 - I think the market being up 300 indicates that the thieves will have their way. Barney Frank, give me a break. He wants to make a photo-op of "No Golden Parachutes", a token of propriety. The government is GIVING away $700 billion to the thieves!
    Sep 25 14:41 pm |Rating: 0 0 |Link to Comment
  • Call the Treasury's Bluff [View article]
    Well said dlr.

    The thieves should get nothing. I would like someone to show us the profits that the companies involved in the bailout made from 2005 through 2007. I would also like to know the bonuses that their employees made during that same time.
    Sep 24 03:22 am |Rating: 0 0 |Link to Comment
  • Paulson/Bernanke: $700 Billion at 'Hold to Maturity' Pricing [View article]
    Why should the taxpayer take the hit? Can't the government take the bad assets off the books of the financial institutions and hold them in escrow. The government would manage them, but the financial institutions would be required to pay into a fund a percentage of their earnings (say 50% the first for the first 3 years then 10%) which would be used to offset any losses to the taxpayer.
    Sep 23 19:35 pm |Rating: 0 0 |Link to Comment
  • Government Bailout: We Are All Keynesians Now  [View article]
    "Despite all its flaws, Wall Street has done an efficient job of capital allocation." Quite a statement. So efficient that we (the Taxpayers) are about to be buried by a $700 billion bail-out.

    I think Wall Street acted as thieves. They created loans that required no documentation, evidence of employment or downpayment. In some cases home buyers were taking cash out at closing, so in essence they were being paid to buy the home! Wall Street bundled these "Mortgages" together and sold them as AAA rated! That's criminal.

    We should not bail out the thieves.
    Sep 23 11:06 am |Rating: 0 0 |Link to Comment
  • The Real Wall Street Doesn't Deserve to Be Ruined [View article]
    I can't believe that they published your comments. I can only assume that you haven't been in the market for very long. While you were making your trades last week, you probably should have bought lottery tickets.

    Anyone that rode AIG from the high 60's or Goldman Sachs from 220 to their current values deserves what they get. When you put your money in the market, whether actively managing it, or through an index fund, THERE IS RISK.

    Hopefully Mr. Paulson doesn't get his Blank Check and Congress will insist on a better deal for the Tax Payers instead of Wall Street.
    Sep 23 10:41 am |Rating: 0 0 |Link to Comment
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