Showing posts with label wall street. Show all posts
Showing posts with label wall street. Show all posts

Thursday, May 6, 2010

Wednesday, May 6, 2009

Stress Tests or Keep Us Out Of A Mess Mandate?

Report: Bank Of America Needs $33.9 Billion

At Least 3 Banks Pass Stress Tests

The stress tests were designed to see how the large banks and finance companies would fare if the economy worsens. Analysts expect about half the companies will be asked to raise capital.

The truth of the matter is that the government is earning interest off of the money lent to these institutions and they don't want to stop. At what point will the banks tell them they don't want to be unwilling participants in a "spread the wealth" scheme?

Thursday, September 25, 2008

Paul Kanjorski's Free Money- Bail Out Wall Street


Congressman Kanjorski: Federal Tax Dollars Are 'Free Money' I wonder if he included the free federal money in the bailout Congress is working on. In the video he states " I don't think the rules should have any attention paid to it because in the Congress we have our own rules."

Foggy would say "NO, no, no you're doin it all wrong, I gotta straighten this lad out. Thing like this could warp his mind for life." Paul are you kiddin me. How can you believe I have trust in you to oversight the recovery when you feel the rules shouldn't have any attention paid to them.? No wonder your financial services buddies got themselves into the worst financial disaster since the Great Depression.