Carlyle group urges fast approval of bailout so it can help taxpayers

[alarmclock]

I heard this analogy today, can anyone comment as to its correctness?

The financial companies which stand to benefit from the bailout, and the domestic automakers as well are all like people that have overindulged in payday loans. They are basically running back and forth between different payday loan companies, getting a new loan to pay off the old loan. Thats the only way they can stay in business.

If this is correct, then it sickens me that these are the organizations we are going to support. They need to be taken off of life support.

[kewp]

The problem is the people holding the existing mortgage paper that are going to lose big-time. This doesn’t address that.

[kewp]

The problem is the people holding the existing mortgage paper that are going to lose big-time. This doesn’t address that.

[kewp]

The problem is the people holding the existing mortgage paper that are going to lose big-time. This doesn’t address that.

[kewp]

The problem is the people holding the existing mortgage paper that are going to lose big-time. This doesn’t address that.

[kewp]

The problem is the people holding the existing mortgage paper that are going to lose big-time. This doesn’t address that.

[Huckleberry]

So, now that we have heard another couple of days of Congressional hearings with Bernanke and Paulson. What is everyone’s opinion/read on what the new bailout will look like?

Are we going to bail out individuals mortgages through foreclosure forbearance, (through “bankruptcy cramdown” by judges), student and car loans, and all the other debt as I have been hearing about?

Are housing prices destined to be supported by our own tax dollars, disallowing those of us waiting to buy from affording a home?

[Huckleberry]

So, now that we have heard another couple of days of Congressional hearings with Bernanke and Paulson. What is everyone’s opinion/read on what the new bailout will look like?

Are we going to bail out individuals mortgages through foreclosure forbearance, (through “bankruptcy cramdown” by judges), student and car loans, and all the other debt as I have been hearing about?

Are housing prices destined to be supported by our own tax dollars, disallowing those of us waiting to buy from affording a home?

[Huckleberry]

So, now that we have heard another couple of days of Congressional hearings with Bernanke and Paulson. What is everyone’s opinion/read on what the new bailout will look like?

Are we going to bail out individuals mortgages through foreclosure forbearance, (through “bankruptcy cramdown” by judges), student and car loans, and all the other debt as I have been hearing about?

Are housing prices destined to be supported by our own tax dollars, disallowing those of us waiting to buy from affording a home?

[Huckleberry]

So, now that we have heard another couple of days of Congressional hearings with Bernanke and Paulson. What is everyone’s opinion/read on what the new bailout will look like?

Are we going to bail out individuals mortgages through foreclosure forbearance, (through “bankruptcy cramdown” by judges), student and car loans, and all the other debt as I have been hearing about?

Are housing prices destined to be supported by our own tax dollars, disallowing those of us waiting to buy from affording a home?

[Huckleberry]

So, now that we have heard another couple of days of Congressional hearings with Bernanke and Paulson. What is everyone’s opinion/read on what the new bailout will look like?

Are we going to bail out individuals mortgages through foreclosure forbearance, (through “bankruptcy cramdown” by judges), student and car loans, and all the other debt as I have been hearing about?

Are housing prices destined to be supported by our own tax dollars, disallowing those of us waiting to buy from affording a home?

[CAwireman]

The Carlye group is a huge equity company like Blackstone, etc.

They buy up companies, they outsource the jobs they can to India, consolidate subsidiaries, and sell off what’s left, after about 3 years leaving the company footing the bill for the sale.

Theys guys are vultures circling carcasses.

While I don’t know what the alternative is, this process doesn’t set well with me.

[CAwireman]

The Carlye group is a huge equity company like Blackstone, etc.

They buy up companies, they outsource the jobs they can to India, consolidate subsidiaries, and sell off what’s left, after about 3 years leaving the company footing the bill for the sale.

Theys guys are vultures circling carcasses.

While I don’t know what the alternative is, this process doesn’t set well with me.

[CAwireman]

The Carlye group is a huge equity company like Blackstone, etc.

They buy up companies, they outsource the jobs they can to India, consolidate subsidiaries, and sell off what’s left, after about 3 years leaving the company footing the bill for the sale.

Theys guys are vultures circling carcasses.

While I don’t know what the alternative is, this process doesn’t set well with me.

[CAwireman]

The Carlye group is a huge equity company like Blackstone, etc.

They buy up companies, they outsource the jobs they can to India, consolidate subsidiaries, and sell off what’s left, after about 3 years leaving the company footing the bill for the sale.

Theys guys are vultures circling carcasses.

While I don’t know what the alternative is, this process doesn’t set well with me.

[Author]

Posts