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Home Front Economy
Fed Defies Transparency Aim in Refusal to Identify Bank Loans
2008-11-10
Your taxes at work...undercover.
Posted by:tipper

#6  I'm here to Help!
Posted by: The Government   2008-11-10 20:01  

#5  Thats all you may expect this government to do. Make matters worse.
Posted by: newc   2008-11-10 16:42  

#4   3 key elements of the Fed bailout:
(1) Wasting resources
(2) Hiring foxes to guard the henhouse
(3) making matters worse
Posted by: Anguper Hupomosing9418   2008-11-10 13:17  

#3  Only FULL transparency can save the economy.


Noone is lending because noone trusts the accounts.
Posted by: Bright Pebbles   2008-11-10 10:56  

#2  A lot of the bailout money is ironic. For example, the two largest banks, BOA and Wells Fargo, are at the head of the unofficial list, taking dozens of billions of dollars.

But they are being wise with that money, true to form, unlike those corporations that were foolish to begin with, and are still foolish. Morgan Stanley, for example, took a $12 billion bailout, then immediately gave out $14 billion in bonuses to its executives and personnel.
Posted by: Anonymoose   2008-11-10 08:46  

#1  Surprise meter please.
Posted by: Besoeker   2008-11-10 07:32  

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