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

To: tejek who wrote (434917)	11/14/2008 7:14:10 AM
From: steve harris	Read Replies (1) \| Respond to of 1574607

I see you haven't done your Goldman Sachs homework yet ted. You really should spend a few moments being cynical and look into the players in the bailouts...really. Lehman was allowed to fail because it is one of Goldman Sachs's competitors. AIG was saved because they're sitting on an 800k square foot lease from Goldman Sachs... ny.therealdeal.com and there's more: socfinance.wordpress.com And from your pal Huffington: huffingtonpost.com AIG owes Goldman Sachs $20 billion.... Here's an old article before the bailouts... economicpolicyjournal.com And a few laughs...or not? zimbio.com Z knows where the money is in NewYork, maybe he will shed some light on it...

To: tejek who wrote (434917)	11/14/2008 11:20:33 AM
From: bentway	Read Replies (1) \| Respond to of 1574607

Banks Left Out of TARP Bailout Could Face Extinction "If a bank has not received TARP funds, it means one of two things," says Michael Levine, a portfolio manager at OppenheimerFunds. "Either you are strong enough that you don't need the funds, or, two, you are screwed." time.com

To: tejek who wrote (434917)	12/3/2008 7:29:54 PM
From: TimF	Read Replies (2) \| Respond to of 1574607

Secondly, I am surprised the author compared Eastman Kodak/upstate NY to the auto industry. Its not a very reasonable comparison.. We're talking the difference between a gas station and the Pentagon No your not. The three car companies are bigger (even just one of them is), but not by any stretch of the imagination does the difference resemble that between a gas station and the pentagon. And the point isn't about the scale, but the principle. Do something foolish on a bigger scale and it just makes it worse. Eastman Kodak employed 60k; from what I understand the auto industry and its vendors employes well over a million people GM (the biggest of the three) employs 266,000. That's less than four and a half times more. And the many of GM's employees don't work in the US.