Fed to Repay Fed for Bank Bailouts

Discussion in 'Economy' started by JBeukema, Mar 30, 2011.

  1. JBeukema
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    JBeukema BANNED

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    Placeropolis.com
     
  2. Quantum Windbag
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    Quantum Windbag Gold Member

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    No doubt someone will use the loans being repayed as proof of what a good idea the bailout was.

    :cuckoo:
     
  3. Brutus
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    Brutus Senior Member

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    Brutus: the bailout was obviously a better idea than the alternative: worldwide depression
     
  4. Quantum Windbag
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    Quantum Windbag Gold Member

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    Can you prove we would have had worldwide depression if we had not bailed out the banks?
     
  5. Trajan
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    Trajan conscientia mille testes

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    hey, why not? GM did same....
     
  6. william the wie
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    william the wie Gold Member

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    but has that been avoided or simply put off at compound interest?
     
  7. waltky
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    waltky Wise ol' monkey Supporting Member

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    Here we go again...
    :doubt:
    AIG slips back into the red
    May 5, 2011 -- AIG reported a first quarter loss Thursday, moving the insurer back into the red after the bailout recipient showed signs of life with a strong final quarter to close out 2010.
     
  8. LordBrownTrout
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    LordBrownTrout Gold Member

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    I was fearing this, hoping it would wait a bit longer but this one could be a doozer. I hope I'm wrong though.
     
  9. Norman
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    Norman Gold Member

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    No he can't. Impossible.

    What will be proven though is that you will have one now :lol:
     
  10. Brutus
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    Brutus Senior Member

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    dow went to 6500 after lehman failed and was bailed out. If all of Wall Street had gone every stock, bond, saving account, mortgage, checking account, pension would have been frozen and worthless. THe only way to solve would be government intervention but at that point it would have been 1000 times worse than it was.


    any reason to think that?
     

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