Home › Forums › Financial Markets/Economics › The View From Inside a Depression
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October 19, 2009 at 4:01 PM #471850October 19, 2009 at 4:06 PM #471026
Arraya
Participant[quote=ucodegen]
Sure, Democrats enabled the banks and gave them exactly what they wanted too. Still, talking about democrats NOT regulating is funny. Usually if they try to regulate anything they get dog-piled by the free-market crusaders. Now, they are getting criticized for not regulating. Too funny.
Actually the evidence of Raines, Pelosi and Franks subverting the bills was on u-tube.. and was taken down by u-tube for copyright. I am waiting for someone to repost the captured video from the House and Senate floor… BTW, Raines used to be CEO of Fannie Mae…[/quote]
Arrest them, I could care less. There all worthless.
October 19, 2009 at 4:06 PM #471206Participant[quote=ucodegen]
Sure, Democrats enabled the banks and gave them exactly what they wanted too. Still, talking about democrats NOT regulating is funny. Usually if they try to regulate anything they get dog-piled by the free-market crusaders. Now, they are getting criticized for not regulating. Too funny.
Actually the evidence of Raines, Pelosi and Franks subverting the bills was on u-tube.. and was taken down by u-tube for copyright. I am waiting for someone to repost the captured video from the House and Senate floor… BTW, Raines used to be CEO of Fannie Mae…[/quote]
Arrest them, I could care less. There all worthless.
October 19, 2009 at 4:06 PM #471565Participant[quote=ucodegen]
Sure, Democrats enabled the banks and gave them exactly what they wanted too. Still, talking about democrats NOT regulating is funny. Usually if they try to regulate anything they get dog-piled by the free-market crusaders. Now, they are getting criticized for not regulating. Too funny.
Actually the evidence of Raines, Pelosi and Franks subverting the bills was on u-tube.. and was taken down by u-tube for copyright. I am waiting for someone to repost the captured video from the House and Senate floor… BTW, Raines used to be CEO of Fannie Mae…[/quote]
Arrest them, I could care less. There all worthless.
October 19, 2009 at 4:06 PM #471643Participant[quote=ucodegen]
Sure, Democrats enabled the banks and gave them exactly what they wanted too. Still, talking about democrats NOT regulating is funny. Usually if they try to regulate anything they get dog-piled by the free-market crusaders. Now, they are getting criticized for not regulating. Too funny.
Actually the evidence of Raines, Pelosi and Franks subverting the bills was on u-tube.. and was taken down by u-tube for copyright. I am waiting for someone to repost the captured video from the House and Senate floor… BTW, Raines used to be CEO of Fannie Mae…[/quote]
Arrest them, I could care less. There all worthless.
October 19, 2009 at 4:06 PM #471865Participant[quote=ucodegen]
Sure, Democrats enabled the banks and gave them exactly what they wanted too. Still, talking about democrats NOT regulating is funny. Usually if they try to regulate anything they get dog-piled by the free-market crusaders. Now, they are getting criticized for not regulating. Too funny.
Actually the evidence of Raines, Pelosi and Franks subverting the bills was on u-tube.. and was taken down by u-tube for copyright. I am waiting for someone to repost the captured video from the House and Senate floor… BTW, Raines used to be CEO of Fannie Mae…[/quote]
Arrest them, I could care less. There all worthless.
October 19, 2009 at 4:08 PM #471016ParticipantGSEs are stuffed with bad Wall Street debt at the expense of the tax payer and Fannie/Freddie keep home prices high when there supposed to do the opposite. They are vehicles for wall street to get rid off their losses and to keep their ponzi scheme going.
October 19, 2009 at 4:08 PM #471196ParticipantGSEs are stuffed with bad Wall Street debt at the expense of the tax payer and Fannie/Freddie keep home prices high when there supposed to do the opposite. They are vehicles for wall street to get rid off their losses and to keep their ponzi scheme going.
October 19, 2009 at 4:08 PM #471555ParticipantGSEs are stuffed with bad Wall Street debt at the expense of the tax payer and Fannie/Freddie keep home prices high when there supposed to do the opposite. They are vehicles for wall street to get rid off their losses and to keep their ponzi scheme going.
October 19, 2009 at 4:08 PM #471633ParticipantGSEs are stuffed with bad Wall Street debt at the expense of the tax payer and Fannie/Freddie keep home prices high when there supposed to do the opposite. They are vehicles for wall street to get rid off their losses and to keep their ponzi scheme going.
October 19, 2009 at 4:08 PM #471855ParticipantGSEs are stuffed with bad Wall Street debt at the expense of the tax payer and Fannie/Freddie keep home prices high when there supposed to do the opposite. They are vehicles for wall street to get rid off their losses and to keep their ponzi scheme going.
October 19, 2009 at 4:09 PM #471031ucodegen
ParticipantGoldman owes more than Tarp.
$10 Billion in TARP
$11 Billion from the Fed
$30 Billion from the FDIC
$13 Billion from AIGThis reference is not accurate. The only thing that they can be ‘claimed’ to owe is from the Fed.
10Bil TARP was repaid.
FDIC is an insurance product paid by Goldman.. and FDIC got called on and owed.
AIG was for Credit Default Swaps… remember there is counterparty risk on CDSs. Someone is insuring that the loan does not go bad. Goldman recognized that mortgages were starting to go south and got rid of whatever toxic product they could followed by insuring the rest.
Bailout links
http://bailout.propublica.org/main/list/index
http://bailout.propublica.org/main/list/refundsOctober 19, 2009 at 4:09 PM #471211ParticipantGoldman owes more than Tarp.
$10 Billion in TARP
$11 Billion from the Fed
$30 Billion from the FDIC
$13 Billion from AIGThis reference is not accurate. The only thing that they can be ‘claimed’ to owe is from the Fed.
10Bil TARP was repaid.
FDIC is an insurance product paid by Goldman.. and FDIC got called on and owed.
AIG was for Credit Default Swaps… remember there is counterparty risk on CDSs. Someone is insuring that the loan does not go bad. Goldman recognized that mortgages were starting to go south and got rid of whatever toxic product they could followed by insuring the rest.
Bailout links
http://bailout.propublica.org/main/list/index
http://bailout.propublica.org/main/list/refundsOctober 19, 2009 at 4:09 PM #471570ParticipantGoldman owes more than Tarp.
$10 Billion in TARP
$11 Billion from the Fed
$30 Billion from the FDIC
$13 Billion from AIGThis reference is not accurate. The only thing that they can be ‘claimed’ to owe is from the Fed.
10Bil TARP was repaid.
FDIC is an insurance product paid by Goldman.. and FDIC got called on and owed.
AIG was for Credit Default Swaps… remember there is counterparty risk on CDSs. Someone is insuring that the loan does not go bad. Goldman recognized that mortgages were starting to go south and got rid of whatever toxic product they could followed by insuring the rest.
Bailout links
http://bailout.propublica.org/main/list/index
http://bailout.propublica.org/main/list/refundsOctober 19, 2009 at 4:09 PM #471649ParticipantGoldman owes more than Tarp.
$10 Billion in TARP
$11 Billion from the Fed
$30 Billion from the FDIC
$13 Billion from AIGThis reference is not accurate. The only thing that they can be ‘claimed’ to owe is from the Fed.
10Bil TARP was repaid.
FDIC is an insurance product paid by Goldman.. and FDIC got called on and owed.
AIG was for Credit Default Swaps… remember there is counterparty risk on CDSs. Someone is insuring that the loan does not go bad. Goldman recognized that mortgages were starting to go south and got rid of whatever toxic product they could followed by insuring the rest.
Bailout links
http://bailout.propublica.org/main/list/index
http://bailout.propublica.org/main/list/refunds -
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