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

To: tejek who wrote (422061)	10/3/2008 1:05:53 PM
From: Brumar89	Read Replies (1) \| Respond to of 1575725

There are $2.2T of subprime loans out there. Paulsen plans to buy them for $700B. Ultimately they'll be worth somewhere between those two numbers, making billions of profit for the government, maybe a trillion $. The "bailed out" holders of subprime loans will lose $1.5T.

To: tejek who wrote (422061)	10/3/2008 1:39:59 PM
From: SilentZ	Read Replies (2) \| Respond to of 1575725

>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

To: tejek who wrote (422061)	10/3/2008 2:28:13 PM
From: bentway	1 Recommendation Read Replies (1) \| Respond to of 1575725

I'd have like for the (D)'s to demand and end to the foreign wars to pay for the bailout.