2009-10-20washingtonpost.com

" Even as the nation's biggest financial firms were struggling and the federal government was spending hundreds of billions of dollars to save many of them, the companies as a group were boosting the perks and benefits they pay their chief executives"



Comments:

catherine at 23:07 2009-10-20 said:
WHY SHOULDN'T THEY, OUR IDIOT GOVERNMENT PAID THEM FOR THEIR LOSSES,

BUT THOSE WERE YESTERDAY'S LOSSES, :roll:

TODAY AND TOMORROW'S LOSSES ARE PILING UP AT THEIR DOORS AND THEY ARE FIDDLING MADLY AS THE FLAMES GET CLOSER :shock: :shock: ..........

REDISTRIBUTION OF WEATH - :lol: :lol: FROM THE TAXPAYER TO THE RICH BANKERS

HOW THE HECK IS THAT HOPE AND CHANGE WORKING FOR YA........ :P

BUT THE 12 TRILLION WE HAVE SPENT IN 2 YEARS TO THE JPs AND THE REST WILL ONLY BE 6 TRILLION THIS NEXT YEAR, AND AHEM, 3 TRILLION THE YEAR AFTER THAT....................

SO WHILE THEY ARE CROWING THEY BETTER BE PAYING CLOSE ATTENTION TO THAT EMPTY DECK CHAIR WHEN THE MUSIC STOPS

THE FIRST DEPRESSION WAS BECAUSE WE BOUGHT STOCK ON MARGIN, THIS THE SECOND DEPRESSION WILL BE THAT WE BOUGHT HOUSES ON MARGIN................

DIFFERENT FACT, EXACT SAME PROBLEM..............

NOW KNOWING OUR HISTORY OF THE DEPRESSION HOW CRAZY WOULD IT HAVE BEEN IN THE 30s TO JUST REPLACE ALL THE STOCK LOSSES WITH TAXPAYER DOLLARS, OF COURSE NOT, SO DON'T NEED A CRYSTAL TO SEE WHERE THIS IS HEADED

AND 4 HEDGEFUNDS DOWN, 1,000 TO GO 100 BANKS GONE, 500 TO GO FORECLOSURES HIGHEST IN HISTORY, FORECLOSURES STAY HIGHEST

I THINK BY CHRISTMAS THE CREDIT CARD COMPANIES ARE GOING TO HAVE MORATORIUMS WHERE YOU CAN'T USE YOUR CARDS FOR SHORT PERIODS OF TIME EXCEPT FOR BIG TICKET ITEMS,

THEY ARE GOING TO HAVE NO WAY TO TELL THE "GOOD" PEOPLE FROM THE "BORROW IT ALL AND MAIL IT BACK" PEOPLE

SAME PROBLEM WE SEE IN HOUSING.........

WHEN EVERYONE IS SUSPECT YOU SHUT OFF THE SPIGOT.....

IMAGINE A CHRISTMAS WITH NO CREDIT CARD FOR MOST THIS SHOVES THE PEOPLE SURVIVING ON CREDIT OFF THE TRAIN

THE BANKERS FIDDLING HAD BETTER SAVE EVERY PENNY THEY ARE GRUBBING RIGHT NOW, EVERY ONE OF THEM BECAUSE EVEN IF SOME BAILOUTS CONTINUE AND THEY WILL, THEY ARE SHRINKING BEFORE THE TAKER'S EYES. Permalink

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