2010-10-20forbes.com

``What Paulson and Tepper are likely really interested in is what role with the Fed takes to buy any toxic loans banks like BofA might be forced to ‘put back’ on their books. You see analysts think the government doesn’t want banks to be forced to raise more capital, which could happen if they have to take on billions in garbage mortgage loans. They want the banks to EARN through their problems. As a result they are likely already negotiating in backroom conversations how the Fed will engineer their own buy of whatever troubled 'put back' loans our consumer banks get hit with.''



Comments:

catherine at 08:38 2010-10-21 said:
saying it again:

first depression caused by people buying stock on margin

this depression caused by people buying houses on margin

AND WHY IS MY GOVERNMENT mildly still talking about the FED and tax dollars paid out to make the banks whole again.......

wouldn't work in the massive losses in the first depression

:lol: :lol: :lol: why the heck do these boys think that it will work this time :lol: :lol: Permalink

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