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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Win Smith who wrote (102538)1/30/2009 4:00:05 PM
From: JohnM  Respond to of 542201
 
Thanks, Win. I remembered it was fairly complex, highlighted by the Ford headline. But it's important to note, in the context of this discussion, that, at least on the basis of this bit of info, the Fed did not provide money. Only loan guarantees.



To: Win Smith who wrote (102538)1/30/2009 4:00:53 PM
From: Sam  Read Replies (1) | Respond to of 542201
 
I only wish $2.5 Billion would count as significant in today's crisis, and not as a mere 15% of Wall Street's bonus budget for the year rewarding all the fat cats for the excellent job they did running the economy into the ground.


What cost $2,500,000,000 in 1975 would cost $9,535,217,164.49 in 2007.

westegg.com



To: Win Smith who wrote (102538)1/30/2009 7:01:20 PM
From: Bread Upon The Water  Respond to of 542201
 
Yes, many thanks also.