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To: woogerbear who wrote (201444)5/9/2009 8:28:03 AM
From: PoetRespond to of 306849
 
Anyone else remember posts like the one I'm replying to-- back in the day when the bubble burst, they cropped up here and there on SI.

Lawsuits! Depos! Threats!
Oh my.



To: woogerbear who wrote (201444)5/9/2009 9:41:23 AM
From: Bank Holding CompanyRespond to of 306849
 
Hello Woogie. Don't believe everything you read on the internet.



To: woogerbear who wrote (201444)5/9/2009 12:13:42 PM
From: Skeeter BugRead Replies (1) | Respond to of 306849
 
WB, it is my view that these companies that will take on these bank toxic assets in return for the public's trillion dollar plus loan guarantee will obviously fail and the debt transferred to the tax payer

i do not know this, but i know the nature of high class greed bags and this is something they would do.

just like william black said they did it in the S&L crisis (watch the video link i posted).

if true, and i don't knew it but i *do* believe it will end up true, the government essentially put these entities between the banks and the tax payer and i use colorful language for that - money laundering - to explain how the current gangsters (my observation based opinion - ask chevy sr. debt holder) in office are running things.

if you are suing folks, please go after the guy who replaced geithner - that dirty SOB made millions in stock he owned in goldman sachs WHILE HE WAS LEGALLY REGULATING THEM! he just resigned, but he needs to 1. lose the profits and 2. go to jail.

it is my opinion he won't b/c the oligarch's protect those who work for them - and i believe they own the government so that protection extends to government protection - hence no charges or claw back.

again, all public knowledge.