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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: ManyMoose who wrote (277556)10/30/2008 10:43:42 AM
From: Hoa Hao  Read Replies (1) | Respond to of 793955
 
Think of it as another stimulus check to those who most need it!!
If they cut the dividend, the stock price will drop more and probably affect the bank's capital position.



To: ManyMoose who wrote (277556)10/30/2008 11:06:33 AM
From: goldworldnet1 Recommendation  Read Replies (1) | Respond to of 793955
 
Wall Street basically told the US government to put up the money or they (investors) would abandon the market ensuring total collapse, worse than what we have had. It was an ultimatum and the government capitulated.

* * *



To: ManyMoose who wrote (277556)10/30/2008 11:34:11 AM
From: Snowshoe2 Recommendations  Read Replies (3) | Respond to of 793955
 
>>What the hell is going on here? Will somebody explain it to me?<<

We need the dividends so we can afford to pay the taxes to fund the bailout! Same with the executive bonuses... <g>

Wall Street Won't Surrender on Bonuses, Veterans Say
bloomberg.com



To: ManyMoose who wrote (277556)10/30/2008 11:43:05 AM
From: Bill1 Recommendation  Read Replies (2) | Respond to of 793955
 
McCain lost the election the day he capitulated to this massive giveaway of public funds.

Could you imagine the support he'd have today if he'd opposed it?



To: ManyMoose who wrote (277556)10/30/2008 2:44:27 PM
From: LindyBill1 Recommendation  Read Replies (2) | Respond to of 793955
 
Will somebody explain it to me?

That warm smelly yellow water running down your back? It's rain.