misiosnechacz

Time to Bury the Rotting Carcasses of Dead U.S. Banks

I hope I won't see You in Obamas rescue team.

The AIG Bailout: Why Was the Onus Placed on Taxpayers?

NO COMMENT. Numbers show everything. I just wonder how many more billions we will have to put after IQ. We will have company that will cost taxpayer (my estimate is) 250 billion of US$$ with bussines model not worth a penny.

The Financial Supermarket Is Dead

It's all depends how long it will take before banks will start to make money again. Even Goverment has some limits.
They simply can't afford to sponsor them all for very long. They are quite streched already. If all those (if they will survive then we are doomed) banks will start to earn money then the very slow recovery will start.for me it will be IVQ or IQ of 2010.
Election 2010 that will be better show than 2008 Olimpics. Detroit and some other parts of USA look intresting (in negative way). It will be new show let's start the BLAME GAME.

Cramer's Mad Money - Obama, Take a Break (2/3/09)

What if banks won't be able to repay it. AIG is asking for money again.
What does it mean banks promissed in now days. Banks took Uncle Sam money so now they have to dance to his music. This money wasn't given to make profit it was given to save the economy. And that create some obligations. no one forced banks to ask for goverment money. They could filled for bancruptcy.
Nothing is for free.

Why Bank Nationalization Will Never Happen

"Each government will then run a deficit and take time to pay it off. Since this will end up being a "zero sum" game"
I don't agree that we will get zero sum from that just because if you would put fair intrest on those bilions banks wouldn't be able to repay it to the end of times.
I don't think that nationalization is going to happened but it's taxpayers money so I wouldn't be supprised if we will see some kind of hybrid. to be honest I would like to see some goverment involvment in managing banks. they would make sure that banks are pumping money to the system and not keeping cash for better times. would cancel all bonuses in banks that recived goverment help. That would have positive influence on taxpayers and hardheaded politicians.
If bankers are buying something it doesn't mean that they are right in that case they probably are, but we all are only humans.

Wall Street Breakfast: Must-Know News

I would give them money but goverment should get 51% of shares for the loan and forced them to make changes so company will be profitable.