Comments | metzhead: "bailout bill"

metzhead

"bailout bill"

Sep 30, 2008 07:06

k, so again for the cheap seats, the way this deal is supposed to work is this ( Read more... )

Comments 10

Arguments against the bill anonymous October 1 2008, 03:35:16 UTC

1. Zero zip zilch nada on what the bonds were going to be bought at. It surely wasn't market values. It most likely would have been par. Possibly even over par to recapitalize the banks and investment banks ( ... )

Re: Arguments against the bill anonymous October 1 2008, 03:36:23 UTC

I am the one that posted the second comment.

Soul on Ice and Fire.

Re: Arguments against the bill anonymous October 3 2008, 19:47:14 UTC

And so it begins. Or ends. 700 big, big ones kicked into the markets today and they are STILL down. It's also Bank Failure Friday.

Soul

Re: Arguments against the bill metzhead October 7 2008, 02:03:16 UTC

credit default swaps are going to be the killer. I don't think $700 bil will be enough, even if they buy out the loans at par.

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