Dover
(1000+ posts)
Send PM |
Profile |
Ignore
|
Mon Sep-29-08 11:57 PM
Response to Original message |
| 49. And I find this disturbing, re: Obama's choice of Rubin as an economic adviser >> |
|
who oversaw that repeal as well. It's a friggin revolving door!
From the OP link:
Just days after the (Clinton) administration (including the Treasury Department) agrees to support the repeal, Treasury Secretary Robert Rubin, the former co-chairman of a major Wall Street investment bank, Goldman Sachs, raises eyebrows by accepting a top job at Citigroup as Weill's chief lieutenant. The previous year, Weill had called Secretary Rubin to give him advance notice of the upcoming merger announcement. When Weill told Rubin he had some important news, the secretary reportedly quipped, "You're buying the government?"
|
| -Apparently the fate of the entire world economy rests on some % of bad US home mortgages. |
Hannah Bell |
Sep-29-08 03:21 AM |
#0 |
 -
Hey, if you're going to rec, kick it too! |
Hannah Bell |
Sep-29-08 03:27 AM |
#1 |
  -
am kick |
Hannah Bell |
Sep-29-08 09:05 AM |
#2 |
| -
The fate of the entire world economy rests on... |
yibbehobba |
Sep-29-08 09:10 AM |
#3 |
| -
so now that investments become a venture stake in willingness of middle class to remain silent |
Supersedeas |
Sep-29-08 10:09 AM |
#5 |
| -
Only 3% of mortgages are bad |
avaistheone1 |
Sep-29-08 07:17 PM |
#37 |
| -
But Mr. Risk -- Paulsen -- DOES understand them. |
lostnfound |
Sep-30-08 05:58 AM |
#53 |
| -
derivatives and credit swaps...hmmm. Sounds like ENRON, again. |
elehhhhna |
Sep-30-08 08:41 AM |
#54 |
| -
Good point |
debbierlus |
Sep-29-08 09:12 AM |
#4 |
| -
Someone answered those questions this morning on one of the news shows.. I |
K Gardner |
Sep-29-08 10:11 AM |
#6 |
| -
smaller than 700 billion? |
Hannah Bell |
Sep-29-08 01:39 PM |
#7 |
| -
Some answers |
HamdenRice |
Sep-29-08 01:53 PM |
#8 |
| -
do you have a link for the numbers, hamden? |
Hannah Bell |
Sep-29-08 03:02 PM |
#9 |
| -
Here's part of the problem - no one knows which ones are which. |
johnaries |
Sep-29-08 03:09 PM |
#13 |
| -
"a impossible task itself unless you have a crystal ball" -- that's wrong |
HamdenRice |
Sep-29-08 03:16 PM |
#15 |
| -
Thanks for the correction. Part of that perception comes |
johnaries |
Sep-29-08 03:27 PM |
#19 |
| -
Not exactly. |
girl gone mad |
Sep-30-08 08:51 AM |
#56 |
| -
doesn't matter, buy up the last 10 years, refinance the good ones & sell the bad ones. |
Hannah Bell |
Sep-29-08 03:26 PM |
#18 |
| -
I think it's been considered, but it's not on the table now |
HamdenRice |
Sep-29-08 03:22 PM |
#17 |
| -
if they wouldn't sell, that's their lookout. my concern is that taxpayers |
Hannah Bell |
Sep-29-08 03:34 PM |
#22 |
| -
That's why this bill included provisions that in addition to the "bad" |
johnaries |
Sep-29-08 03:40 PM |
#26 |
| -
have you read the 110 pages or are you doing soundbites? |
Hannah Bell |
Sep-29-08 03:51 PM |
#27 |
| -
Examples, please. nt |
johnaries |
Sep-29-08 04:25 PM |
#30 |
| -
the soundbites from our leaders, e.g. no golden parachutes. |
Hannah Bell |
Sep-29-08 07:14 PM |
#36 |
| -
First of all, my post was about receiving stocks, not about |
johnaries |
Sep-29-08 08:53 PM |
#42 |
| -
yes, i've read it. have you? it doesn't ban golden parachutes. the language is written |
Hannah Bell |
Sep-29-08 10:16 PM |
#43 |
| -
As a matter of fact, I have it pulled up right now. |
johnaries |
Sep-29-08 10:35 PM |
#44 |
| -
for whom & during what time frame, that's how. |
Hannah Bell |
Sep-29-08 11:12 PM |
#46 |
| -
For the Top 5 Executives and during the time that the Secretary |
johnaries |
Sep-29-08 11:30 PM |
#47 |
| -
i read it. it mandates: |
Hannah Bell |
Sep-30-08 12:49 AM |
#51 |
| -
then there's this: |
Hannah Bell |
Sep-30-08 12:57 AM |
#52 |
| -
Again, it only applies to companies that are being aided |
johnaries |
Sep-30-08 09:56 AM |
#62 |
| -
nice spin. but nothing affects existing contracts, nothing affects compensation |
Hannah Bell |
Sep-30-08 03:54 PM |
#63 |
| -
I HOPE you read it, since I had to post it for you in another thread. |
johnaries |
Sep-30-08 09:42 AM |
#60 |
| -
The fact that it only applies to the top 5.. |
girl gone mad |
Sep-30-08 08:54 AM |
#57 |
| -
I think that is a minor point, considering it's usually the top 5 who |
johnaries |
Sep-30-08 09:36 AM |
#59 |
| -
OK, tell me which part of this is the "lie" |
johnaries |
Sep-29-08 05:07 PM |
#31 |
| -
It sounds nice, but.. |
girl gone mad |
Sep-30-08 09:01 AM |
#58 |
| -
That is a battle for another day. This is an emergency bill. |
johnaries |
Sep-30-08 09:51 AM |
#61 |
| -
They shot themselves with their intricate and unregulated investment vehicles. |
Roland99 |
Sep-29-08 03:05 PM |
#11 |
| -
Yep..it's the other "troubled assets" as well. n/t |
gopbuster |
Sep-29-08 03:20 PM |
#16 |
| -
no, they shot YOU in the foot - ON PURPOSE. |
Hannah Bell |
Sep-29-08 03:35 PM |
#24 |
| -
I'm rather lucky. I'm quite insulated from the effects...so far. |
Roland99 |
Sep-29-08 05:22 PM |
#33 |
| -
Right, It's like dominoes. |
johnaries |
Sep-29-08 03:11 PM |
#14 |
| -
if the dominoes begin with bad mortgages, buy the mortgages, don't |
Hannah Bell |
Sep-29-08 03:28 PM |
#20 |
| -
Too late. The other dominoes have already started dropping. |
johnaries |
Sep-29-08 03:36 PM |
#25 |
| -
they've been dropping for 2 years. & if the milk's spilt, then this bailout won't put it back in |
Hannah Bell |
Sep-29-08 03:55 PM |
#28 |
| -
Simply buying up the mortgages won't help the other problems and |
johnaries |
Sep-29-08 05:12 PM |
#32 |
| -
Why not? Just guarantee the loan payments. |
mhatrw |
Sep-29-08 06:06 PM |
#34 |
| -
Because it is no longer about the mortgages. It's now about |
johnaries |
Sep-29-08 06:23 PM |
#35 |
| -
How about we try to fix the underlying cause here as well rather than just |
mhatrw |
Sep-29-08 08:34 PM |
#39 |
| -
Well done, Hannah! Bravo! n/t |
ColbertWatcher |
Sep-29-08 03:03 PM |
#10 |
| -
Why do you hate "Murica? |
Blue State Native |
Sep-29-08 03:07 PM |
#12 |
| -
cause murica hates me & mine. |
Hannah Bell |
Sep-29-08 03:58 PM |
#29 |
| -
and we know where those bad mortgages are, |
leftofthedial |
Sep-29-08 03:29 PM |
#21 |
| -
Is it bad? Yes it is. Are we guilty? No. Do you understand? Somewhat |
BelgianMadCow |
Sep-29-08 03:35 PM |
#23 |
| -
4-how much did the banks recoup from the PMI? |
tjwash |
Sep-29-08 07:23 PM |
#38 |
| -
They leveraged it to bet big that housing prices would keep increasing. n/t |
mhatrw |
Sep-29-08 08:39 PM |
#40 |
| -
details that will have to wait until after the Wall Street bailout to discuss |
Supersedeas |
Oct-01-08 11:26 AM |
#65 |
| -
A humble opinion... |
mellowfellowO |
Sep-29-08 08:49 PM |
#41 |
| -
Thank you for that |
kgfnally |
Sep-30-08 12:20 AM |
#50 |
| -
You're Welcome... |
mellowfellowO |
Oct-01-08 11:00 AM |
#64 |
| -
Great post |
2speak |
Sep-29-08 10:47 PM |
#45 |
| -
I could explain it all for you |
zlt234 |
Sep-29-08 11:31 PM |
#48 |
| -
And I find this disturbing, re: Obama's choice of Rubin as an economic adviser >> |
Dover |
Sep-29-08 11:57 PM |
#49 |
| -
Not the mortgages, so much as the mortgage backed securities.. |
girl gone mad |
Sep-30-08 08:44 AM |
#55 |
Printer-friendly format
Email this thread to a friend
Bookmark this thread