To: BreezyDog
It seems to me that with all of this bailing out going on that the Federal Government has way too much of our money... The Federal Reserve will be using its own money for a bridge loan and will get warrants in return. They will probably end up making money on the deal.
44 posted on
09/16/2008 4:58:02 PM PDT by
Moonman62
(The issue of whether cheap labor makes America great should have been settled by the Civil War.)
To: Moonman62
The news I’m seeing on live Dow Jones Newswire is not calling this a “loan”.
It’s being called a “rescue” that “leaves the government as the controlling party of the firm”
52 posted on
09/16/2008 5:02:47 PM PDT by
jsh3180
To: Moonman62
Federal Reserve will be using its own money for a bridge loan and will get warrants in return I read that AIG will begin selling some of its assets within 2 weeks to begin repaying the loan, thereby reducing the warrants.
To: Moonman62
The Federal Reserve needs the Andrew Jackson treatment.
112 posted on
09/16/2008 6:55:38 PM PDT by
Hawk1976
(It is better to die in battle than it is to live as a slave.)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson