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you just go off on tangents "You obviously do not understand fractional reserve banking. And apparently believe everything is fine & dandy in USA, cause Obama is our savior" what the hell does A)obama and B) me "obviously not understanding fraction reserve banking" (btw i have mba and...

The Treasury did not ask several of the nation's largest banks and investment houses whether they wanted new capital. It told them. So weak banks got money and so did strong ones. According to Reuters, "The United States will announce plans on Tuesday to inject $250 billion into its banks."...

your an idiot. all i said was that wfc and jpm have done VERY well this year compared to everyone one else. why should there executives not get a bonus? what does that have to do with fractional reserve banking. I just must be a moron and you are just too smart for all of us. and...

yes don't worry ive gotten the memo. Its all a great American conspiracy always on ET. every company lies, Evey bank is bankrupt and the united states is the the debt debting nation that will become the German republic after world war 1. by next week i'll have to fill a wheel barrel...

wm for pennies? did you see the liability they may incur with that transaction? they take everyone on of WM crappy loans. so somehow they get WM for pennies yet someone here says "You see the losses these banks are writing down, you can look at their balance sheets to find this...

ok so why should Jamie Diamond not take a bonus this year? JPm is flat on the year while the market is down 40%. did he ask for government money? did they not take the risk of WM portfolio? was there anyone else willing to take BSC without government help?

did i say MS or GS? did you see the 2 banks i brought to your attention? JPM and WFC. Both banks have stayed out of troulbe and have done everyone a favor by taking the CRAP off the hands of the us taxpayers. its because of them the fdic does not have WM or WB on the fdic balance sheet

well jpm did lend much of that money a week later to euro banks and helped bring down the libor rate (one fot he main reasons they where givin that money inthe first place). I hear 2 conflicting things, mainstream media says there is 0 money to be had to borrow. then you hear on cnbc and...

i totally agree with you except for one point. when Paulson took the 9 banks into the room and they did not know why. paulson forced the 9 biggest banks to take money even though some of them did not need it. Id be a little annoyed if i was JPM or WFC and i thought i was doing the right...

Dude you need to keep it consistent. AIG bad but CC is ok? im not Making excuses for anyone. They all where bad at what they did. Here is some breaking news. AIG got another bailout today and wont be the last company to need government assistance. So stop your bitching. Explain...

maybe they are but i was countering your point below. companies can screw up like CC, or aig. if its doing a crappy job selling TV's or if dealing with cdo's and subprime. just becuase your a finaince company and fail, does not make you a criminal automatically "I'll help you out, you...

yes i am confusted. Bear Sterns "created their own problems by gambling on toxic instruments" Lehman "created their own problems by gambling on toxic instruments" Long Term Capital Management "created their own problems by gambling on toxic instruments" Merrill "created their own...

so if you take "toxic instruments" your a criminal? i think went many (not all) of these "toxic" instruments where bought or created they where not considered toxic. i bet some of these same assets had very high credit ratings when they where made. yes we could of hedged some of them, but...

i do agree that Sullivan should be investigated about that CC back in like jan when he said even though the auditors are making aig take writedowns, they have minimal exporuse to subprime

how come aig are criminals, but not a word about circuit city?

wow, a 30% move in a penny stock on crap news at that (obama will change bushs executive orders). well you called it i guess we missed the multi year move. i guess we will just want for the next intc, msft. please keep us informed.

heard a good quote on fast money last week. went something like this "the thing that is diffrent from the united states and socialism is that countries that are socialist such as venezuela or argentina take over businesses or companies they want to. the united states takes over companies...

yeah, sorry dude i cant spell and was to lazy to press spell check on firefox, i see the redline under it. will change now for you since u seem to care ;)

i think they made the rule after 2000 when everyone lost their shirts daytrading. I do know in the 1930's they changed to margin requirements for individuals before then people where levered up on borrowed money with the market going up

i like your source. what i find on ET is people never let the facts get in the way of a good story.