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davelj.
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February 21, 2010 at 3:06 PM #516174February 21, 2010 at 3:26 PM #516847
cabal
ParticipantThis bailout tracker from MONEY is valid as of 11/2009 and says we’ve spent about 3T out of 11T committed.
Can someone link, I can’t due to spam filter…
//money.cnn.com/news/storysupplement/economy/bailouttracker/index.htmlLooks like everyone is feeding well off the trough except Joe Citizen, especially Joe Underwater Citizen. Total FDIC bailout for 2008/2009 is a respectable 45T, but pocket change compared to say the GSE bailouts.
February 21, 2010 at 3:26 PM #516755cabal
ParticipantThis bailout tracker from MONEY is valid as of 11/2009 and says we’ve spent about 3T out of 11T committed.
Can someone link, I can’t due to spam filter…
//money.cnn.com/news/storysupplement/economy/bailouttracker/index.htmlLooks like everyone is feeding well off the trough except Joe Citizen, especially Joe Underwater Citizen. Total FDIC bailout for 2008/2009 is a respectable 45T, but pocket change compared to say the GSE bailouts.
February 21, 2010 at 3:26 PM #516184cabal
ParticipantThis bailout tracker from MONEY is valid as of 11/2009 and says we’ve spent about 3T out of 11T committed.
Can someone link, I can’t due to spam filter…
//money.cnn.com/news/storysupplement/economy/bailouttracker/index.htmlLooks like everyone is feeding well off the trough except Joe Citizen, especially Joe Underwater Citizen. Total FDIC bailout for 2008/2009 is a respectable 45T, but pocket change compared to say the GSE bailouts.
February 21, 2010 at 3:26 PM #516326cabal
ParticipantThis bailout tracker from MONEY is valid as of 11/2009 and says we’ve spent about 3T out of 11T committed.
Can someone link, I can’t due to spam filter…
//money.cnn.com/news/storysupplement/economy/bailouttracker/index.htmlLooks like everyone is feeding well off the trough except Joe Citizen, especially Joe Underwater Citizen. Total FDIC bailout for 2008/2009 is a respectable 45T, but pocket change compared to say the GSE bailouts.
February 21, 2010 at 3:26 PM #517100cabal
ParticipantThis bailout tracker from MONEY is valid as of 11/2009 and says we’ve spent about 3T out of 11T committed.
Can someone link, I can’t due to spam filter…
//money.cnn.com/news/storysupplement/economy/bailouttracker/index.htmlLooks like everyone is feeding well off the trough except Joe Citizen, especially Joe Underwater Citizen. Total FDIC bailout for 2008/2009 is a respectable 45T, but pocket change compared to say the GSE bailouts.
February 22, 2010 at 1:31 PM #517493davelj
Participant[quote=desmond]”Right now the money comes from insurance premiums (or indirectly from bank consumers”
And do you think this money is held in a “lock box” (a separate account) just waiting to be used when another bank bailout is needed? Just like the SS Trust Fund.[/quote]
In electronic format, the FDIC Insurance Fund is a separate account. Just like your bank account. Although the money in your bank account is lent out each day to borrowers. Are you afraid that someone’s going to steal the money that’s in the FDIC Insurance Fund?
February 22, 2010 at 1:31 PM #517240davelj
Participant[quote=desmond]”Right now the money comes from insurance premiums (or indirectly from bank consumers”
And do you think this money is held in a “lock box” (a separate account) just waiting to be used when another bank bailout is needed? Just like the SS Trust Fund.[/quote]
In electronic format, the FDIC Insurance Fund is a separate account. Just like your bank account. Although the money in your bank account is lent out each day to borrowers. Are you afraid that someone’s going to steal the money that’s in the FDIC Insurance Fund?
February 22, 2010 at 1:31 PM #517148davelj
Participant[quote=desmond]”Right now the money comes from insurance premiums (or indirectly from bank consumers”
And do you think this money is held in a “lock box” (a separate account) just waiting to be used when another bank bailout is needed? Just like the SS Trust Fund.[/quote]
In electronic format, the FDIC Insurance Fund is a separate account. Just like your bank account. Although the money in your bank account is lent out each day to borrowers. Are you afraid that someone’s going to steal the money that’s in the FDIC Insurance Fund?
February 22, 2010 at 1:31 PM #516716davelj
Participant[quote=desmond]”Right now the money comes from insurance premiums (or indirectly from bank consumers”
And do you think this money is held in a “lock box” (a separate account) just waiting to be used when another bank bailout is needed? Just like the SS Trust Fund.[/quote]
In electronic format, the FDIC Insurance Fund is a separate account. Just like your bank account. Although the money in your bank account is lent out each day to borrowers. Are you afraid that someone’s going to steal the money that’s in the FDIC Insurance Fund?
February 22, 2010 at 1:31 PM #516574davelj
Participant[quote=desmond]”Right now the money comes from insurance premiums (or indirectly from bank consumers”
And do you think this money is held in a “lock box” (a separate account) just waiting to be used when another bank bailout is needed? Just like the SS Trust Fund.[/quote]
In electronic format, the FDIC Insurance Fund is a separate account. Just like your bank account. Although the money in your bank account is lent out each day to borrowers. Are you afraid that someone’s going to steal the money that’s in the FDIC Insurance Fund?
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