Indeed. The proof that the Fed did the right thing here is that of all the parties whining about how it was the wrong thing, not one is offering a higher bid to accompany the whine. Even while it was still at $2/share, there were no other bidders.
Indeed. If more proof is needed one only needs to listen to the Sr. Senator from NY (who's name I will not repeat).
I will also add that I think he posts here.
That’s what you call proof ? You think a stock price justifies the Fed using taxpayer money to “encourage” one bank to loot another to save the pigmen of Wall Street is a good thing ?
No wonder no one cares about freedom anymore and the Republican party puts up John McCain - you all are so busy begging the Fed to bail out the perps of the scam you will accept chains for you, your children and your subsequent generations if pretty please, we can just have another up day on the DOW.
That’s just pathetic.