Replies

To: pnh102

Any government loan guarantee is a bailout.

Who has a loan guarantee?

we've decided to take the Soviet approach to bailing out failing companies.

Let me know when the Bear Stearns employees start cashing pay checks from the government.

11 posted on 04/09/2008 7:34:16 AM PDT by Toddsterpatriot (Why are doom and gloomers, union members and liberals so bad at math?)

To: Toddsterpatriot

Who has a loan guarantee?

FTFA: Both then turned to the Fed to arrange a $30 billion dollar loan guarantee against Bear's assets to prevent the firm from going bankrupt.

16 posted on 04/09/2008 7:42:39 AM PDT by pnh102

To: Toddsterpatriot

Who has a loan guarantee?

JP Morgan.

If the securities are worth less than the $29 billion the Fed has guaranteed, the Fed takes the hit.

39 posted on 04/09/2008 8:32:29 AM PDT by green iguana

To: Toddsterpatriot

Who has a loan guarantee?JP Morgan chase.

51 posted on 04/09/2008 8:52:45 AM PDT by Jack Black

To: Toddsterpatriot

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?

130 posted on 10/10/2008 7:32:28 PM PDT by FightThePower! (Fight the powers that be!)

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