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Old 08-08-2008, 09:28 AM
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Default Next Leg in Bush Financial Crisis/Bailout

Now that the Investment Banks know the US Government will bail them out, they are starting a rescue of their RICHEST customers, which are other INSTITUTIONS and the RICHIEST PEOPLE.

The Investment Banks are buying back the now illiquid Auction Rated Securities from their customers ... hundreds of billions of dollars worth.

What are the names of these Investment Banks? Bank of America (BAC), Goldman Sachs (GS), Lehman Brothers (LEH), JPMorgan Chase (JPM), Morgan Stanley (MS), Wachovia (WB), and UBS (UBS), etc.

Who will pay for this Jewish Bailout? The US Government, which means the TAXPAYERS.


Thank George W. Bush and the Republicans for this crap.
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Old 08-08-2008, 09:44 AM
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Another person with no clue how money markets work. But to give you credit, the government should not be bailing out anyone. But then if they didn't then mom and pop would probably have lost thier 401k or IRA or other retirement savings. And we know those people are not rich.
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Old 08-08-2008, 09:49 AM
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Quote:
Originally Posted by reccles44 View Post
Another person with no clue how money markets work. But to give you credit, the government should not be bailing out anyone. But then if they didn't then mom and pop would probably have lost thier 401k or IRA or other retirement savings. And we know those people are not rich.
What is the Economic model that for US Government guarantees of $25,000 minimum denomination investment instruments?

Are you a Communist, Socialist or just Jewish?
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Old 08-08-2008, 09:59 AM
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What is the Economic model that for US Government guarantees of $25,000 minimum denomination investment instruments?

Are you a Communist, Socialist or just Jewish?
Well I am part French so I guess that makes me part of an ass hole.

And where did I mention that I supported government bail outs? I think if you make a bad investment you should live with it. I don't care how rich or poor you are.
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