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Thinkingabout

(30,058 posts)

4. For the new fellow in the game, oh well, for those who have been there for a few years guess they

Reply to dixiegrrrrl (Original post)

Fri Nov 28, 2014, 04:15 PM

Nov 2014

Will have to return to their previous profits. It was good while it lasted. Now some will run out and buy on the low side and make a profit in the future.

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Banks and hedge funds losing big time by the dropping oil prices. [View all] dixiegrrrrl Nov 2014 OP

Gee, I wonder who will end up paying for the losses? louis-t Nov 2014 #1

Will we need to bail them out? Poor dears. Tierra_y_Libertad Nov 2014 #2

Only in America, kiddies - only in America - do taxpayers subsidize 1% profits. closeupready Nov 2014 #3

Actually, their plan is for us to bail them in. dixiegrrrrl Nov 2014 #5

Oh, yes! I remember voting for that! Well.....maybe not. Tierra_y_Libertad Nov 2014 #6

For the new fellow in the game, oh well, for those who have been there for a few years guess they Thinkingabout Nov 2014 #4

Do I not understand loans? hughee99 Nov 2014 #7

Banks loan $$$ and then sell the debt. dixiegrrrrl Nov 2014 #8

So it's quite possible that the loan itself is actually paid back in full, and the bank still hughee99 Nov 2014 #9

If the bank gambled, via derivatives, on the health of the oil company dixiegrrrrl Nov 2014 #10

so we'll probably have another bailout to clear out the savings in gas prices eh? NMDemDist2 Nov 2014 #11

If they lose too much, they'll stop drilling new fracking wells for the foreseeable future NickB79 Nov 2014 #12

I've been hoping the safeinOhio Nov 2014 #13

They will, they have a lot of oil related investments. dixiegrrrrl Nov 2014 #14