When they loose even more money and go out of business all together, then will it will be free money? I know, not all of them will go out of business, but not all of them are going make it either.
Anyone watch the news.......
- Thread starter BigTruck
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When they loose even more money and go out of business all together, then will it will be free money? I know, not all of them will go out of business, but not all of them are going make it either.
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BigTruck
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And when Citi goes out of business im sure that "loan" as you call it will be paid back???
Or are you going to step in and make everythng better???
Never fear Ruffy is hear!!!
Bank of America
Heard this one earlier this week on the news - one more reason not to bank there - I never will :
alleyinsider.com) –– Remember the latest Bank of America (BAC) bailout, the one we were all so steamed about last week? (The $20 billion of cash and $100+ billion of trash-asset guarantees that absolutely had to be given or else Bank of America shareholders might have lost everything?)
Yes, well, you probably thought that that cash would be used to bolster the bank's capital or something. (We know you weren't dumb enough to think it might have been used to make loans).
Alas, it wasn't used for that. It was used to pay Merrill Lynch executives the huge bonuses they deserved for unloading their balance sheet on for-some-reason-not-yet-fired Bank of America CEO Ken Lewis.*
Has change really come to America? We'll believe it when we see it.
Heard this one earlier this week on the news - one more reason not to bank there - I never will :
alleyinsider.com) –– Remember the latest Bank of America (BAC) bailout, the one we were all so steamed about last week? (The $20 billion of cash and $100+ billion of trash-asset guarantees that absolutely had to be given or else Bank of America shareholders might have lost everything?)
Yes, well, you probably thought that that cash would be used to bolster the bank's capital or something. (We know you weren't dumb enough to think it might have been used to make loans).
Alas, it wasn't used for that. It was used to pay Merrill Lynch executives the huge bonuses they deserved for unloading their balance sheet on for-some-reason-not-yet-fired Bank of America CEO Ken Lewis.*
Has change really come to America? We'll believe it when we see it.
The other day and see where CitiBank (credit card company) was going to purchase a $50 million dollar jet after receiving bailout money from the govt.???
The white house called them and said that it probably wasnt a good idea??
I LMAO! When I was watching that. Using there money is one thing, but using my tax money, thats just so wrong all i could do is laugh!
When is Nancy P going to turn hers in???
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Twisted Boost
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Twisted Boost
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BigTruck
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Thank you Ruff!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
You need to stay in your own Forum!!!!
And when Citi goes out of business im sure that "loan" as you call it will be paid back???
Or are you going to step in and make everythng better???
Never fear Ruffy is hear!!!
Might want to look into these topics instead of just guessing what you think might happen.. I haven't really heard of a government not getting there money...
I am sure it would be something like this...
and this...
I am hear? I guess so, cause I was over their....
