Article

2008-11-10 Home Front Economy

Fed Defies Transparency Aim in Refusal to Identify Bank Loans

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Posted by tipper 2008-11-10 07:23|| || Front Page|| [3 views ] Top

#1 Surprise meter please.

Posted by Besoeker 2008-11-10 07:32|| 2008-11-10 07:32|| Front Page Top

#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|| 2008-11-10 08:46|| Front Page Top

#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|| 2008-11-10 10:56|| Front Page Top

#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|| 2008-11-10 13:17|| Front Page Top

#5 Thats all you may expect this government to do. Make matters worse.

Posted by newc">newc 2008-11-10 16:42|| 2008-11-10 16:42|| Front Page Top

#6 I'm here to Help!

Posted by The Government 2008-11-10 20:01|| 2008-11-10 20:01|| Front Page Top

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