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Author Topic: the biggest proposed government intervention in financial markets since the Great Depression  (Read 7388 times)

rnicklaus

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A little thrift called WaMu (Washing Mutual) failed today.

The biggest bank failure to date in terms of $$$$.
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R.N.

RSettee

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rnicklaus wrote on Thu, 25 September 2008 22:59

A little thrift called WaMu (Washing Mutual) failed today.

The biggest bank failure to date in terms of $$$$.


Yup, let 'em rot. The more money you sink into the Titanic trying to stay afloat, the less you're spending on the life rafts.
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PookyNMR

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And they were ordered sold to J P Morgan.  Check out the history of J P Morgan.  This is suspicious to me.  The history of the Morgans gaining control of the banking sector has not been a pretty one...
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Nathan Rousu

stevieeastend

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mgod wrote on Wed, 24 September 2008 18:03

From a friend:



I'm against the $85,000,000,000.00 bailout of AIG.

Instead, I'm in favor of giving $85,000,000,000 to America

Hank Alrich

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Jay Kadis wrote on Thu, 25 September 2008 07:45

During the 2003 protest march in San Francisco, I saw the most prescient sign ever:

"Drunken fratboy drives country into ditch"

Someone call AAA for a tow.


I think his daddy called AA for a tow, but the vehicle was already too damaged to ever perform well again.

jimlongo

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Hank Alrich wrote on Sun, 28 September 2008 13:51

Jay Kadis wrote on Thu, 25 September 2008 07:45

During the 2003 protest march in San Francisco, I saw the most prescient sign ever:

"Drunken fratboy drives country into ditch"

Someone call AAA for a tow.


I think his daddy called AA for a tow, but the vehicle was already too damaged to ever perform well again.


Sounds like the trailers for the new movie "W".  
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