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brentspeak

(18,290 posts)

8. Prior to TARP, banks expected they would be bailed out

Reply to banned from Kos (Reply #6)

Thu Feb 9, 2012, 06:10 PM

Feb 2012

Dick Fuld of Lehman (the one big bank that was allowed to go kaput) openly admitted to Congress that he and the rest of Wall St. primed the housing bubble and created securities with the later intention of being bailed-out if necessary.

Nice try at disinfo, though. Gotta hand to you.

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Highlight:

NYTimes readers comment on government/bank mortgage scam settlement [View all] brentspeak Feb 2012 OP

People are outraged? abelenkpe Feb 2012 #1

You know it's bad when people start posting comments on websites about it MrCoffee Feb 2012 #2

"He who has the Gold, makes the Rules." Tierra_y_Libertad Feb 2012 #3

Ah yes, The Golden Rule! ArcticFox Feb 2012 #9

Sad, uninformed people. Bubbles pop, home values were insane just like tulips once took banned from Kos Feb 2012 #4

A bailed-out banking system is "the free market"? brentspeak Feb 2012 #5

Don't be silly. People buying homes (or gold) at 2-3x recent years prices with the banned from Kos Feb 2012 #6

Prior to TARP, banks expected they would be bailed out brentspeak Feb 2012 #8

Hardcore pro-Wall Street porn Kaleko Feb 2012 #7

This message was self-deleted by its author emulatorloo Feb 2012 #10

K&R woo me with science Feb 2012 #11