angrybear.blogspot.com - 11/26/2008
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by cactus Let Me State Again: The Bail-Out Will Not Work, It Cannot Work I'm on vacation, and I check the news and Angry Bear and I find this crazy bail-out is growing like mad just in the last few days. I had a post at the start of this thing that the bail-out wasn't going to work as it didn't ...
clusterstock.alleyinsider.com - 11/23/2008
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clusterstock.alleyinsider.com —
Reuters compiles six ways that the Feds might
bail out Citigroup. It's hard to see how any
of them will save common shareholders: More preferreds: The US Treasury Department bought $25 billion of preferred shares and warrants from Citigroup in ...
(more)
Six Ways Feds Might Bail Out Citigroup
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Bailout At $7 Trillion So Far
Seeing the Forest —
... to afford to buy things, and not have to borrow to get by? We could have put $7 trillion into health care, roads, bridges, schools and other things that would have created millions of jobs and provided raises to or lowered costs for regular people! I wonder what THAT would have done for the Christmas shopping season, and all the rest of the Christmas shopping seasons from now on? But we not only didn't have any say in how the money was used, the money is all gone. Meanwhile go read The Bail-Out Will Not Work at angry Bear to understand why giving all the rest of our money ...
Word of the Year: Bailout
The Moderate Voice —
... what exactly a “bailout” is.
The word, which shot to prominence amid the financial meltdown, was looked up so often at Merriam-Webster’s online dictionary site that the publisher says “bailout” was an easy choice for its 2008 Word of the Year.
The rest of the list is not exactly cheerful. It also includes “trepidation,” “precipice” and “turmoil.”
Meanwhile, a vacationing Cactus says the bailout will not work:
As I’ve stated several times before, its long ...
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