http://www.cnbc.com/id/26747020
http://bloomberg.com/apps/news?pid=2...giE&refer=home
I'm guessing this will be a prelude to selling AIG off piecemeal.
http://www.cnbc.com/id/26747020
http://bloomberg.com/apps/news?pid=2...giE&refer=home
I'm guessing this will be a prelude to selling AIG off piecemeal.
Last edited by royalfan5; 9/16/2008 at 07:36 PM. Reason: added link.
For the good old American lifestyle: For the money, for the glory, and for the fun... mostly for the money.
I went for 3 minutes.
Is that a record?
...geezzz...86 billion....
I guess there is some kind of buy-back agreement after the 80% is tendered for the loan? Otherwise it would seem to be more properly called a "purchase".
I kind of like how were socializing our investment houses. I think it's going to be wonderful.
Does anyone else feel like were not supposed to look behind the curtain or is it just me? Seems like everything in the financial market is composed of smoke, mirrors, and bull****.
I got a bad mustache
a recurring rash
and not a lot of cash.
I spend it on my stash.
Man it's good to be a geek!
Originally Posted by Harry Beanbag
I don't want to talk about it
If I am right, then religious fundamentalists will not go to Heaven, because there is no Heaven. If THEY are right, then they will not go to Heaven, because they are hypocrites.
-Isaac Asimov
I believe the phrase that describes the situation would "The Commanding Heights" on the economy. (Also the name of a great book by Daniel Yergin and Josef Stanislaw, visit your local library or bookseller to learn more) Essential the current government policy seems to mirror that of France in the late 1940's, all that's left to really make my comparison more apt is the if they would nationalize General Motors as well. I suppose you could make a joke about reverse Thatcherism as well.
For the good old American lifestyle: For the money, for the glory, and for the fun... mostly for the money.
I said that awhile back and TommieHarris(Who's opinion I respect) said that was wrong.
Tell us we're wrong again Tommy. I say, goodbye, Capitalism.
Russia shutting down its markets is telling as well. Those fuggers are gonna get desperate, imo and are gonna be itching for a land grab.
I don't think it is goodbye to capitalism. The nationalized companies will eventually be privatized again as they where in Europe. However, risk will have to be massively re-priced. Exotic derivatives will fall out of favor, and a more traditional hedging model will remerge for awhile, until everyone forgets that they aren't as smart as they think they are and we do it again.
For the good old American lifestyle: For the money, for the glory, and for the fun... mostly for the money.
stop talking so smart, get out your tinfoil hat and pitchfork, and get angry damnit!
Been asleep for a while?
http://www.cnn.com/2007/WORLD/asiapc....ap/index.html
http://www.cnn.com/2008/WORLD/europe...orgia.ossetia/
If I am right, then religious fundamentalists will not go to Heaven, because there is no Heaven. If THEY are right, then they will not go to Heaven, because they are hypocrites.
-Isaac Asimov
Heh. No doubt. I'm talking Arab oil. Hook in the jaw.
I for one, will welcome our new Communist overlords.
"If your dream ain't bigger than you, there's a problem with your dream." -Deion Sanders
spek
Communism would probably help our Olympic Programs. So it's got that going for it.
For the good old American lifestyle: For the money, for the glory, and for the fun... mostly for the money.
Our overlords will be Canadian, everyone knows that
If I am right, then religious fundamentalists will not go to Heaven, because there is no Heaven. If THEY are right, then they will not go to Heaven, because they are hypocrites.
-Isaac Asimov
It would certainly help the pokes out in football too
If I am right, then religious fundamentalists will not go to Heaven, because there is no Heaven. If THEY are right, then they will not go to Heaven, because they are hypocrites.
-Isaac Asimov
Yea, we can have 12-year-old gymnasts to fawn over. That will be cool.
I'm not so sure I like everyone having 6-6 seasons, though.
"If your dream ain't bigger than you, there's a problem with your dream." -Deion Sanders
speakin of gymnasts, anybody got a pic of that hawt American one? We could use her in times like these.
You'd better comrade! Any team with more wins than another team goes straight to the gulag!
If I am right, then religious fundamentalists will not go to Heaven, because there is no Heaven. If THEY are right, then they will not go to Heaven, because they are hypocrites.
-Isaac Asimov
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