Posted on 04/09/2008 6:50:07 AM PDT by Toddsterpatriot
For sure.
The employees were going to lose their jobs regardless.
Not much of a bailout if the employees all lose their jobs.
Good point, and they have already moved that number up to $10 a share.
And of course it is the bond holders who have really been saved, if you believe the nightmare scenario painted by the proponensts. Bear Stearns inability to meet their obligations was going to result in many bonds value going to zero which was going to echo through the entire finance sector. That's the theory.
“You’re kidding, right?”
Actually I’m not. A few paid bloggers/operatives have been outted here in the past. Not everyone who posts here is a disinterested party.
Part of public relations is creating a favorable buzz or minimizing negative comments on an action. There’s a lot of money involved here and the ability to do this kind of bailout in the future (as well as the ability to finalize this one) is at least in part determined by politics.
“Someone has an honest disagreement with you and you assume they are therefore being PAID to post that dissenting opinion?”
Ooops. I can see how my post could be taken that way. My comment was intended for “all”, but I replied to the person who initially posted the article, as is the norm at FR. My mistake and my bad.
Toddsterpatriot: my apologies. I should have been more careful in addressing my comments to all readers rather than to you specifically.
Post in haste, regret at leisure.
“Gee, I think its interesting that posters come out of the woodwork to argue against this deal. Maybe they’re the ones on someone’s payroll. LOL!”
Sure. I guess it’s possible. I don’t see where the money would be made in opposing this deal. Unless, of course, you’re looking to short the stock.
Really? Who?
Toddsterpatriot: my apologies. I should have been more careful in addressing my comments to all readers rather than to you specifically.
Thanks.
Yields on just about every "safe" investment are below the inflation rate.
You want safe too? Don't get out of bed in the morning, it's dangerous out there.
So there is no way to stay ahead of inflation without taking risks, speculating. Won't forcing speculation lead to people making more bad decisions and losing money, versus simply being able to use a good old fashioned savings account?
Buy some TIPS.
You know what this is going to do to the ‘bad news bears’ don’t you? They won’t have any reason to curse the Fed, the Rothschilds and the Rockefellers. It’ll ruin their day. LOL.
“Not much of a bailout if the employees all lose their jobs. “
Good point!
Any government loan guarantee is a bailout.
Toddster “Who has a loan guarantee?”
we’ve decided to take the Soviet approach to bailing out failing companies.
Toddster “Let me know when the Bear Stearns employees start cashing pay checks from the government. “
You mean like AIG?
The Soviets had failing companies?
You mean like AIG?
An 11% loan and 80% of the company?
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