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#1 |
Senior Member
Join Date: Jan 2006
Location: WA
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Well, at least in the banking sector.
Here are the highlights from the Dodd bill... - Treasury (you and me) take an equity stake equal to the purchase price of the distressed assets - If it's a private company, government takes senior debt position - Oversight board managing the $700B. Made up of the chairmen of the Federal Reserve, FDIC, SEC and two corp execs. - If CEO of banks take undue risks, the government can penalize their compensation Frank is co-opting this into his plan and some form of it will come out on the other side after the negotiations with Paulson. http://bloomberg.com/apps/news?pid=2...lRg&refer=home
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"Five to one... One in five No one here gets out alive" |
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#2 |
Senior Member
Join Date: Oct 2007
Location: Orange County, CA
Posts: 9,483
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news for you, amigo....everyone that took a subsidized student loan is a socialist.
Also, do your kids attend public schools? Socialism rocks!
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Fitter. Happier. More Productive. "Everyone is against me. Everyone is fawning for 3D's attention and defending him." -- SeattleUte |
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#3 | |
Senior Member
Join Date: Jan 2006
Location: WA
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You and SU are really letting me down tonight.
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"Five to one... One in five No one here gets out alive" |
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#4 |
AKA SeattleNewt
Join Date: Jan 2006
Posts: 7,055
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I bet 8ballrollin' drives on interstate freeways and uses the United States Postal Service. That commie has no shame.
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#5 | |
Senior Member
Join Date: Dec 2005
Posts: 5,996
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I think Paulsen's plan may be a disaster. |
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#6 |
Senior Member
Join Date: Oct 2007
Location: Orange County, CA
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I'm sorry for ruining your joke. I have no good excuse.
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Fitter. Happier. More Productive. "Everyone is against me. Everyone is fawning for 3D's attention and defending him." -- SeattleUte |
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#7 |
Senior Member
Join Date: Jan 2006
Location: WA
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It really wasn't so much a joke as a reference to "We are all Keynesians now." (1971)
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"Five to one... One in five No one here gets out alive" |
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#8 |
Senior Member
Join Date: Oct 2007
Location: Orange County, CA
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rotflmao!
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Fitter. Happier. More Productive. "Everyone is against me. Everyone is fawning for 3D's attention and defending him." -- SeattleUte |
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#9 |
Senior Member
Join Date: Jan 2006
Location: WA
Posts: 1,287
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"Five to one... One in five No one here gets out alive" |
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