Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: FBD
Who do you think is getting paid these billion of dollars in bailout money?

Paid? Loaned.

You don't think the managers of Bear Sterns, JPMorgan Chase, the Deutch bank, Hedge fund operators, etc, etc, haven't made billions?

The Chairman of Bear Stearns, Jimmy Cayne, lost about $1 billion when Bear tanked.

“Deutch bank writes off 3.5 billlion in bad loans, and shows a profit”

Wow, their profit before the writeoff was greater than $3.5 billion! So what? By the way, that video was over a year old.

Do you think these investment bankers/ Fed reserve members are in the business for charity?

No, do you?

If you want to swallow bad information (The Fed is privately owned. LOL!), be my guest. If you want to repeat bad info and sound like an idiot, go right ahead.

166 posted on 12/26/2008 1:48:52 PM PST by Toddsterpatriot (This is morning, that's when I spend the most time, thinking 'bout what I've given up...)
[ Post Reply | Private Reply | To 165 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson