Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Jim McMannis who wrote (421332)	10/1/2008 1:34:25 PM
From: bentway	Respond to of 1575427

I think they should also let the owners of the MBS's break them up into their component mortgages and auction THEM off. Take away the risk and mystery.

To: Jim McMannis who wrote (421332)	10/1/2008 1:41:25 PM
From: Alighieri	Read Replies (1) \| Respond to of 1575427

let the FDIC take care of the banks as they fail. There are only a couple large banks left to fail in my op. Then a host of regionals. Wells Fargo, C, JPM, BOA...NCC being iffy will remain. We've already absorbed some of the big ones already. Right...as we all watch our currency and the worth of our savings go to hell and spend the next decade recovering from an economic disaster...give me a break... Al

To: Jim McMannis who wrote (421332)	10/1/2008 1:47:27 PM
From: tejek	Read Replies (1) \| Respond to of 1575427

let the FDIC take care of the banks as they fail. There are only a couple large banks left to fail in my op. Then a host of regionals. Wells Fargo, C, JPM, BOA...NCC being iffy will remain. We've already absorbed some of the big ones already Did you know that the FDIC is nearly out of money to cover deposits? If they didn't have JPM to step in, they couldn't have seized WaMu. WaMu was too big and it would have taken more money cover than FIDC had. Do your rightie blogs talk about that mess?