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.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: NOW who wrote (194188)	3/31/2009 9:12:06 AM
From: Cal Amari	Read Replies (1) \| Respond to of 306849

Geithner Plan = "No Hedge Fund Left Behind" Plan a/k/a "Taxpayers Take It in the Behind" Plan

To: NOW who wrote (194188)	3/31/2009 9:17:57 AM
From: ChanceIs	Read Replies (2) \| Respond to of 306849

RE: Geithner plan. Its not the fault of the hedge funds that the banks are on the ropes with their opaque, illiquid collateralized debt instruments. Geithner is about the business of picking winners and losers. He is under pressure from the bank CEOs - who would like to keep their jobs - and the bank debtholders - who are trying to avoid a complete haircut - to make he taxpayers the bagholders. To the extent that he can bring the hedge funds to the waltz to present an appearance that what he is proposing isn't out and out rape, then the hedge funds can't be blamed. Your mission - should you decide to accept is at least to try not to loose too much on the deal - probably by investing in the very hedge funds you so decry. After all - the upside is much better than the downside, and as a taxpayer, there is nothing but downside.