Please explain to me – and please be specific – how I would benefit from the bailouts? Seeing as I don’t have any investments in any parts of the capital structures of any bank that is receiving any government assistance (outside of generic FDIC insurance), I’m quite curious to find out. This should be a fascinating answer.
Signed,
Banker/Prick
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That may have been an inaccurate characterization on my part. Does your bank own any preferreds or other debt of the big banks?
Did you say in another thread that you were in favor of the big banks’ bondholders taking a hit? If so, you may have a reasonable plan. However, you appear to believe that the government is heading in that direction (and that the government wants to make money with TARP). I haven’t seen any evidence that would point to that.
