SI
SI
discoversearch

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: saveslivesbyday who wrote (212334)7/24/2009 3:32:36 PM
From: saveslivesbydayRespond to of 306849
 
He's laying the groundwork for the next wave of rescues -ng-



To: saveslivesbyday who wrote (212334)7/24/2009 3:44:25 PM
From: patron_anejo_por_favorRead Replies (2) | Respond to of 306849
 
Sounds like a great time to revisit the Sherman anti-trust act, as well as Glass-Steagall.

Bust 'em up. No more Problemo.....<NG>



To: saveslivesbyday who wrote (212334)7/24/2009 5:40:25 PM
From: James HuttonRespond to of 306849
 
"Twenty-five is a “very rough guess,” and “virtually all of those firms” are already subject to umbrella supervision by the central bank, Bernanke said in response to a question from Representative John Campbell, a California Republican, during a House Financial Services Committee hearing today. He didn’t identify any of the companies."

Whew. I guess we're safe with the Fed on the job.

Also, this seems to be an obvious case for application of antitrust laws.

Every person who shall monopolize, or attempt to monopolize, or combine or conspire with any other person or persons, to monopolize any part of the trade or commerce among the several States, or with foreign nations, shall be deemed guilty of a felony, and, on conviction thereof, shall be punished by fine not exceeding $100,000,000 if a corporation, or, if any other person, $1,000,000, or by imprisonment not exceeding 10 years, or by both said punishments, in the discretion of the court. 15 U.S.C. Section 2.

But I'm not an expert on the subject.

baselinescenario.com



To: saveslivesbyday who wrote (212334)7/25/2009 10:53:02 AM
From: Bank Holding CompanyRespond to of 306849
 
> Bernanke Says About 25 Financial Firms May Be Considered TOO Large TO FAIL <<

I would think they could merge them all and just kick that can down the road too.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News