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Message: Re: Wall St ...

Feb 10, 2009 10:01AM
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Feb 10, 2009 10:06AM
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Feb 10, 2009 10:14AM

Feb 10, 2009 10:17AM

Feb 10, 2009 10:25AM

"The TARP is actually going to cost us more money to borrow.'

It's going to cost us a lot more than that. The debt instruments in the back ground(supposedly non performing) are going to kill the tax payer, because the banks are going to get what they want....their balance sheets cleaned up.

It's all they care about....they do not care about the TARP money because it's not doing what they had originally figured it to do. Banks will lose money forever as long as non preforming instruments are on the books.

doni


Feb 10, 2009 10:44AM

Feb 10, 2009 11:15AM
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