Comments on: Bankaholic Seeks TARP Funds, Buys Bank

By: Lee

Lee — Thu, 22 Jan 2009 02:12:58 +0000

Good article but I think everyone here is missing a crucial point. This is ALL against our Constitution. Over the past 75 years, the government has had their fat hand in the cookie jar. They’ve helped to take down the banking industry, the auto industry, and ultimately our economy. Are politicians experts on our economy? Who’s this Emperor Paulson guy anyway? He has no clue how to spend my money…but has a plan? The government can’t balance their own check book…but they’ll take us out of this financial crisis. They’ve messed it up…and will continue to mess it up further.

By: USBailOut.com

USBailOut.com — Wed, 26 Nov 2008 07:06:14 +0000

More news at USBailOut.com

By: Max

Max — Wed, 26 Nov 2008 07:04:40 +0000

FDIC insured Bonds. This should be interesting.

By: ameera

ameera — Wed, 26 Nov 2008 04:39:44 +0000

It was obviously the goal all along. We’re talking about intelligent people here.

By: Lee

Lee — Tue, 25 Nov 2008 01:54:02 +0000

My comment: I think I should buy a bank.

By: Shea

Shea — Thu, 20 Nov 2008 21:22:03 +0000

Costa Rica anyone?

Check out my site-
http://www.shea-freedomfighter.blogspot.com

By: Travelinator

Travelinator — Wed, 19 Nov 2008 16:28:34 +0000

I heard even some plumbing contractors were trying to tap the free tax money keg but were rejected. I guess there is a little over sight at least.

By: BloggingBanks

BloggingBanks — Tue, 18 Nov 2008 15:53:15 +0000

Based off what I am reading in the document attached the “bailout” is far from free lunch as it limits exectuvies compensation, capital structure is changes and earnings distributions are under a microscope..

By: Larry

Larry — Tue, 18 Nov 2008 04:55:36 +0000

It’s the fleecing of capitalism by Bush/Cheney/Reagan boys.

By: David Dyang

David Dyang — Mon, 17 Nov 2008 22:55:52 +0000

My professor actually published an article on the subject. Bailout is bad and he tried to measure how to punish financial institutions that are not following a respectable policy.
Find it here at : http://blog.sebastiengay.com/?p=45

By: Casey

Casey — Mon, 17 Nov 2008 22:32:16 +0000

Lots of money seem to cloud people’s brains that have the big education…or maybe they just paid for that piece of paper?

By: BankVibe

BankVibe — Mon, 17 Nov 2008 19:13:18 +0000

As of November 12, 2008, $290 billion of the first $350 billion allotment funding TARP has been allocated: $250 billion for bank equity infusions, and $40 billion for an equity infusion into insurer AIG.

By: Gordon

Gordon — Mon, 17 Nov 2008 18:02:08 +0000

More than food for thought…something to get P….ed about!
More people should start asking these questions, or does silance mean that they’re not currently aware of it and will not be able to recall all this at a later date like in the movies. We, the taxpayer try that route and we’re in contempt of court…while the banks/auto makers/investment houses are just in contempt.
As per all the requirements put on the taxpayer, there should be a “owned/controlled prior to date” clause to the Bailout. Also as when the taxpayer gets “Desaster Relief” these institutions should have to pay the money back, may be with interest.

One last thought, are we going to wait till 600 of the 700 has been handed out to establish oversight, like with the S&L dibacal?

By: Zoe

Zoe — Mon, 17 Nov 2008 18:01:24 +0000

This post is ripe for conspiracy speculation on a par with the recent “chip implant” thread. Fact is both the Conspiracy-NUTs AND the ANTI-ConspiracyNUTS. are half right. Through out history most seminal events, both good and bad, have resulted from a confluence of interests. When many agendas benefit from an outcome the result is a defacto conspiracy. Follow the money!

By: Trevor

Trevor — Mon, 17 Nov 2008 15:55:36 +0000

Good post. This gives me something to research.