Comments | oldhans117: The big bailout

oldhans117

The big bailout

Sep 28, 2008 09:06

OK, now the taxpayers of American will be paying out $700 billion to bail out our so called great financial institutions. I wonder why these Harvard MBA's ran out of money, looks like this is the reason ( Read more... )

Comments 2

aenaminie September 28 2008, 19:35:00 UTC

I'm so pissed about this. Did they actually approve it? I haven't been able to tune into the news since Friday, and the last I heard they were still debating it.

oldhans117 September 28 2008, 22:48:55 UTC

Looks like it, it's $250 billion initially, then $100 more if the prez. approves. And then $350 billion if congress feels its necessary. If the CEO's get a bonus over $500,000 it's not tax deductible. But it looks like Wednesday is when it will be voted on.

I'm not too happy about this at all.