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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (422061)10/3/2008 1:39:59 PM
From: SilentZ  Read Replies (2) of 1575771
 
>There are no guarantees but its very likely that most of that 700 billion will be recouped when the toxic properties are sold off after the loans have been renegotiated.

What's "most?" What's to say they're not going for pennies on the dollar? How are they going to sell for a solid price in the current environment?

>>and I want to see these "too big to fail" firms dismantled carefully.

>I am not sure what you mean by that statement.

We can't have firms the size of AIG that we have to bail out because they're "too big to fail." We need to carefully de-merge firms like that (as well as our huge banks) while they're doing OK. Obviously, that'll take away opportunities for execs to make nine-figure salaries, but so what? We'll all be safer.

-Z
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