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SleeplessinSoCal

(10,379 posts)

75. Immelt of G.E. (owner of MSNBC, NBC, CNBC) got $16 billion . . . .

Reply to truedelphi (Reply #64)

Thu Jun 14, 2012, 09:31 PM

Jun 2012

and if you Google this story under "news", you get nada.

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Sanders Releases Explosive Bailout List [View all] abelenkpe Jun 2012 OP

REC REC REC....KICK KICK KICK DearAbby Jun 2012 #1

Yet again, a story created by the failure to understand that a loan is not a gift. TheWraith Jun 2012 #2

Your incivility, condescension and patronizing attitude are coalition_unwilling Jun 2012 #6

Amazing isn't it? whatchamacallit Jun 2012 #18

How is it 'incivil' to point out that a loan is not the same as a gift? randome Jun 2012 #29

The little people off the streets sure can't get an interest rate like that Autumn Jun 2012 #32

There are more than 300 million people in the U.S. randome Jun 2012 #33

The banks could have been charged a higher interest rate, Autumn Jun 2012 #35

Yes, they sat on a lot of the money.. girl gone mad Jun 2012 #40

I'm sure you're right that some of them sat on the money. randome Jun 2012 #42

The government's responsibility should be to handle a crisis responsibly, not just to act quickly. girl gone mad Jun 2012 #54

What girl gone mad said! +10000 Fantastic Anarchist Jun 2012 #100

I think you need to read up on what the banks did 2pooped2pop Jun 2012 #84

Small Busniess Loans bahrbearian Jun 2012 #44

Yeah, that sounds good. randome Jun 2012 #46

They could have been given Jobs by small business's. That is were most jobs are created. bahrbearian Jun 2012 #47

Bush Jr didn't seem to have any trouble when he handed out $400 checks. nashville_brook Jun 2012 #52

Yes, that's what they said in Europe. sabrina 1 Jun 2012 #55

Yep and both Issa and Kucinich mentioned this fact repeatedly as truedelphi Jun 2012 #63

How about loaning it to cities and towns and states zeemike Jun 2012 #66

I think all of you raise good points. randome Jun 2012 #82

get something done? 2pooped2pop Jun 2012 #83

spot on - if someone "loans" you 10 million dollars for no interest for as long as you want it... nashville_brook Jun 2012 #51

Actually most bought US Treasury Notes Jake2413 Jun 2012 #61

precisely, thank you! nashville_brook Jun 2012 #68

And then we DU'ers have to overlook the fact that the truedelphi Jun 2012 #60

why does that name sound familiar....hmmmm chknltl Jun 2012 #77

It would be nice to know 2pooped2pop Jun 2012 #85

Here, should you wish to investigate further: chknltl Jun 2012 #113

The loan isn't the gift. The way-below-market-rate interest on the loan is the gift. (nt) jeff47 Jun 2012 #7

+1000 Xedniw Jun 2012 #34

A loan is only a loan when there is specific pay back schedule Jake2413 Jun 2012 #59

Wrong. girl gone mad Jun 2012 #9

I don't think your response "treed" truedelphi Jun 2012 #58

A loan at 0% interest is socialism at its finest. joshcryer Jun 2012 #81

A MASSIVE "loan" at 0% or near 0%... bvar22 Jun 2012 #96

When you give someone an interest-free loan Ruby the Liberal Jun 2012 #10

I totally agree with your observation. Don't you wish we could get free interest loans. southernyankeebelle Jun 2012 #14

... abelenkpe Jun 2012 #13

i'm with you. mopinko Jun 2012 #17

The question is not whether an industrial economy needs a banking system - it does - coalition_unwilling Jun 2012 #19

i find your suggestions absurd. mopinko Jun 2012 #22

Obviously it 'ain't happening,' but you provide coalition_unwilling Jun 2012 #26

the fdic mopinko Jun 2012 #30

The share- and bondholders of the TBTF banks (many of them in the 1%) coalition_unwilling Jun 2012 #31

Your analysis relies on some fairly extreme historical revisions. girl gone mad Jun 2012 #45

thank you for your rational post 2pooped2pop Jun 2012 #87

Well Done. Thank You! bvar22 Jun 2012 #97

Bankers should be basically.. sendero Jun 2012 #65

?????????wtf????????????? 2pooped2pop Jun 2012 #86

The loans made by the Fed were exactly that... cheapdate Jun 2012 #91

You are confusing these loans with the TARP loans nt abelenkpe Jun 2012 #103

I would like a zero interest loan as well.. Bandit Jun 2012 #23

I'd call this a gift taught_me_patience Jun 2012 #24

AKA: "Cash-For-Trash" coalition_unwilling Jun 2012 #27

I wonder why Geithner et al tried to keep it all sabrina 1 Jun 2012 #53

This was not a loan. It was a bailout rustydog Jun 2012 #57

The Nation, Democracy Now, Reuters and more are reporting on this suffragette Jun 2012 #89

A loan can easily be transformed into a gift SOS Jun 2012 #94

What Bernie was reporting was the CONFLICT OF INTEREST between the bankers who got the loans and Dont call me Shirley Jun 2012 #109

Some of these people should be in prison Angry Dragon Jun 2012 #3

Agree. But don't worry if things keep getting worse the little people are going to be in the southernyankeebelle Jun 2012 #16

Yes...but "many more" than "SOME." But, they are HUGE DONORS to Both Parties.... KoKo Jun 2012 #48

if potus gets a 2nd term that might happen leftyohiolib Jun 2012 #92

This kind of insanity just makes you want to bang your head against a wall. AndyA Jun 2012 #4

Are the numbers you quote the amounts loaned or the amounts given? nm rhett o rick Jun 2012 #5

Article says: abelenkpe Jun 2012 #8

Thanks I missed it. It would be good to know how much they actually netted. nm rhett o rick Jun 2012 #56

Wrong place. nm rhett o rick Jun 2012 #37

kick valerief Jun 2012 #11

Every-bloody needs to read this longship Jun 2012 #12

...and an outraged Congress is finally spurred into action!!! librechik Jun 2012 #15

If you believe this story, perhaps you should econoclast Jun 2012 #20

You did borrow $450,000 Angry Dragon Jun 2012 #25

I think not..... econoclast Jun 2012 #28

I am not being bamboozled by Saunders Angry Dragon Jun 2012 #70

Your analogy is imprecise.. girl gone mad Jun 2012 #50

Actually quite precise indeed econoclast Jun 2012 #74

The fact that the Fed.. girl gone mad Jun 2012 #112

The original number was fifteen or sixteen trillions of dollars. truedelphi Jun 2012 #106

Your confidence is misplaced econoclast Jun 2012 #115

Catherine Austin Fitts still stands by the number 12 Trillions of dollars. truedelphi Jun 2012 #116

As I read this Senator jeff Session is on the bonniebgood Jun 2012 #21

Cutting food stamps in Texas was a disaster. DhhD Jun 2012 #69

Welcome to DU. girl gone mad Jun 2012 #71

How seamlessly our representatives have transformed themselves into our "leaders." woo me with science Jun 2012 #88

Required reading for everyone in this country that can read.. Stuart G Jun 2012 #36

That which gets rewarded gets repeated. They'll be back for more. AnotherMcIntosh Jun 2012 #38

OMG LittleGirl Jun 2012 #39

Apparently we must hand deliver this list to all Americans. Our Corporate News Digest won't SleeplessinSoCal Jun 2012 #41

And maybe somebody close to Pres Obama could mention that his truedelphi Jun 2012 #64

Immelt of G.E. (owner of MSNBC, NBC, CNBC) got $16 billion . . . . SleeplessinSoCal Jun 2012 #75

Glad you reminded me of this. truedelphi Jun 2012 #105

Go Bernie! (n/t) a2liberal Jun 2012 #43

Well then........... SammyWinstonJack Jun 2012 #49

Holy facting shite!! malaise Jun 2012 #62

Bernie Sanders stood up and did wimp into a corner. Thinkingabout Jun 2012 #67

And this quote is the best: JDPriestly Jun 2012 #72

Wall St. OWNS all Three Parts of Our Government! solarman350 Jun 2012 #73

I had never seen that sign before - thanks for the chuckle. truedelphi Jun 2012 #117

Is there any doubt left..... Flint Stone Jun 2012 #76

Spam deleted by Violet_Crumble (MIR Team) Marvin33 Jun 2012 #78

Citigroup received over $2.5 trillion liberalla Jun 2012 #79

And then laid off 50,000 workers nt abelenkpe Jun 2012 #101

O and then sharply raised interest rates and canceled lines of credit. nt abelenkpe Jun 2012 #102

bush family related business Dont call me Shirley Jun 2012 #110

Kick and rec Fuddnik Jun 2012 #80

And they say they hate socialism. Fantastic Anarchist Jun 2012 #90

+ 1. n/t truedelphi Jun 2012 #107

It was the Fed's money to loan and their decision to loan it. cheapdate Jun 2012 #93

Taxpayers backstop the Fed. girl gone mad Jun 2012 #111

Greed, corruption, and hubris cheapdate Jun 2012 #114

And now they're all busy buying a presidency for Rmoney. patrice Jun 2012 #95

Paulson with Co-Conspirators bvar22 Jun 2012 #98

F.w.i.w., snot Jun 2012 #99

Rec & Kick Catch2.2 Jun 2012 #104

Bernie is AWESOME! Dont call me Shirley Jun 2012 #108