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kentuck (1000+ posts) Send PM | Profile | Ignore | Mon Oct-10-11 04:18 PM Original message |
The banks paid back everything they borrowed with interest. |
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PeaceNikki (1000+ posts) Send PM | Profile | Ignore | Mon Oct-10-11 04:20 PM Response to Original message |
1. This is the important point. |
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mod mom (1000+ posts) Send PM | Profile | Ignore | Mon Oct-10-11 04:22 PM Response to Reply #1 |
2. +1 |
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banned from Kos (1000+ posts) Send PM | Profile | Ignore | Mon Oct-10-11 04:29 PM Response to Reply #1 |
8. True -- but its been done many times before |
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jwirr (1000+ posts) Send PM | Profile | Ignore | Mon Oct-10-11 05:43 PM Response to Reply #8 |
26. And there were regulations in place to prevent them using the money |
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DirkGently (1000+ posts) Send PM | Profile | Ignore | Mon Oct-10-11 04:24 PM Response to Original message |
3. And they've used their taxpayer-provided solvency to lobby against reform to stop it happening AGAIN |
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Arctic Dave (1000+ posts) Send PM | Profile | Ignore | Mon Oct-10-11 04:24 PM Response to Original message |
4. Gee, and how did they pay it back. By buying oil futures and screwing us again |
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rdking647 (1000+ posts) Send PM | Profile | Ignore | Mon Oct-10-11 04:25 PM Response to Reply #4 |
6. it wasnt the banks buying oil futures... |
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Arctic Dave (1000+ posts) Send PM | Profile | Ignore | Mon Oct-10-11 06:29 PM Response to Reply #6 |
31. First one I picked. For yopur reading pleasure. |
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girl gone mad (1000+ posts) Send PM | Profile | Ignore | Mon Oct-10-11 05:31 PM Response to Reply #4 |
22. Actually, they didn't pay it back. |
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Arctic Dave (1000+ posts) Send PM | Profile | Ignore | Mon Oct-10-11 06:25 PM Response to Reply #22 |
30. I did not know that. Interesting. nt |
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DaveJ (1000+ posts) Send PM | Profile | Ignore | Mon Oct-10-11 04:25 PM Original message |
Couldn't agree more |
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Name removed (0 posts) Send PM | Profile | Ignore | Mon Oct-10-11 04:25 PM Response to Original message |
5. Deleted message |
PSPS (1000+ posts) Send PM | Profile | Ignore | Mon Oct-10-11 04:35 PM Response to Reply #5 |
11. Yours is a very important point. |
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banned from Kos (1000+ posts) Send PM | Profile | Ignore | Mon Oct-10-11 04:41 PM Response to Reply #11 |
13. Nope - your chart identifies the MBS as "agency" securities |
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girl gone mad (1000+ posts) Send PM | Profile | Ignore | Mon Oct-10-11 05:36 PM Response to Reply #13 |
23. The GSE's were privately owned.. |
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PSPS (1000+ posts) Send PM | Profile | Ignore | Mon Oct-10-11 07:16 PM Response to Reply #23 |
33. Yes, that's the distinction. What were private obligations (banks) are now the taxpayers'. |
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DenverDad (305 posts) Send PM | Profile | Ignore | Mon Oct-10-11 04:26 PM Response to Original message |
7. Not to mention the six and seven figure bonuses |
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Dr Fate (1000+ posts) Send PM | Profile | Ignore | Mon Oct-10-11 04:29 PM Response to Original message |
9. Give me and other middle classers just a few thousand bucks and we can do the same. |
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Firebrand Gary (1000+ posts) Send PM | Profile | Ignore | Mon Oct-10-11 04:30 PM Response to Original message |
10. Meanwhile they dramatically expanded their asset allocations. |
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Turbineguy (1000+ posts) Send PM | Profile | Ignore | Mon Oct-10-11 04:40 PM Response to Original message |
12. Remember back in the days before |
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gratuitous (1000+ posts) Send PM | Profile | Ignore | Mon Oct-10-11 04:42 PM Response to Original message |
14. And they didn't change their ways one bit |
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On the Road (1000+ posts) Send PM | Profile | Ignore | Mon Oct-10-11 04:45 PM Response to Original message |
15. It's a Response to People Who Hated TARP |
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girl gone mad (1000+ posts) Send PM | Profile | Ignore | Mon Oct-10-11 05:40 PM Response to Reply #15 |
24. It was unnecessary and it did cost the people hundreds of billions, if not trillions, of dollars. |
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On the Road (1000+ posts) Send PM | Profile | Ignore | Mon Oct-10-11 07:15 PM Response to Reply #24 |
32. CItation Needed |
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girl gone mad (1000+ posts) Send PM | Profile | Ignore | Mon Oct-10-11 07:34 PM Response to Reply #32 |
34. No, it was not all paid back. |
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On the Road (1000+ posts) Send PM | Profile | Ignore | Tue Oct-11-11 11:14 AM Response to Reply #34 |
35. Thank You for the Clarification |
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Cool Logic (1000+ posts) Send PM | Profile | Ignore | Mon Oct-10-11 04:53 PM Response to Original message |
16. "But they decided to loan money to all of them so the bad banks would be indistinguishable from... |
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chill_wind (1000+ posts) Send PM | Profile | Ignore | Mon Oct-10-11 04:58 PM Response to Original message |
17. The Bailout Scorecard |
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girl gone mad (1000+ posts) Send PM | Profile | Ignore | Mon Oct-10-11 05:53 PM Response to Reply #17 |
28. and that doesn't include toxic mortgage support. |
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chill_wind (1000+ posts) Send PM | Profile | Ignore | Mon Oct-10-11 06:22 PM Response to Reply #28 |
29. Thanks! |
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truedelphi (1000+ posts) Send PM | Profile | Ignore | Mon Oct-10-11 05:03 PM Response to Original message |
18. It is also a very devious and duplicitous response. |
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FarLeftFist (1000+ posts) Send PM | Profile | Ignore | Mon Oct-10-11 05:04 PM Response to Original message |
19. Corporate socialism proves that free-markets aren't free. |
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Initech (1000+ posts) Send PM | Profile | Ignore | Mon Oct-10-11 05:09 PM Response to Original message |
20. Yeah they paid it all back - to themselves!!! |
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Name removed (0 posts) Send PM | Profile | Ignore | Mon Oct-10-11 05:28 PM Response to Original message |
21. Deleted message |
kentuck (1000+ posts) Send PM | Profile | Ignore | Mon Oct-10-11 05:44 PM Response to Reply #21 |
27. Just a couple of questions? |
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jwirr (1000+ posts) Send PM | Profile | Ignore | Mon Oct-10-11 05:40 PM Response to Original message |
25. They paid the government back but they did not do one thing about |
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ThomWV (1000+ posts) Send PM | Profile | Ignore | Tue Oct-11-11 11:17 AM Response to Original message |
36. They may have paid back everything they borrowed but they kept what they stole. |
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eilen (1000+ posts) Send PM | Profile | Ignore | Tue Oct-11-11 01:16 PM Response to Original message |
37. TARP was just a small portion of the Recovery Act. nt |
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WCGreen (1000+ posts) Send PM | Profile | Ignore | Tue Oct-11-11 01:17 PM Response to Original message |
38. AMEN! K&R |
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taught_me_patience (1000+ posts) Send PM | Profile | Ignore | Tue Oct-11-11 01:20 PM Response to Original message |
39. The real bailout was through AIG, FNM, and FRE |
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DU AdBot (1000+ posts) | Fri Apr 26th 2024, 07:31 PM Response to Original message |
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