BooBooBear

The Difference Between TARP and TALF

When will Congress(Rep Frank & Sen Dodds) ever learn? The great Depression taught that Banks Should stay the hell out of Insurance & Brokerag; that Brokerage stay the hell out of Banking and Insurance; and Insurance stay the hell out of Banking & Brokerage. Just to make the point go to your car insurer and ask if they will issue you a credit card, loan you money, or invesst for you. They may a lot about cqr insurance, but they don't know d--- about the other operations.