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BAILOUT WISDOM??? [message #5260]

Fri, 20 February 2009 17:17

james is currently offline

james
Messages: 2144
Registered: April 2008
Location: Birmingham, AL

Senior Member

Does anyone in charge have any common sense? Here's the latest info on how the bailout money is being wasted. Right before Merrill Lynch was bought by Bank of America, the CEO and top executives gave themselves bonuses of 3.6 BILLION dollars. Over 700 of the top people at Merrill Lynch became millionaires as the company faltered, reporting losses of 15 BILLION dollars in the 4th quarter of '08 alone. Bank of America (the largest bank in America) received 45 BILLION dollars in federal bailout money, of which over 20 BILLION was to help with the Merrill Lynch losses. Bank of America, who's stock was over $40 per share in '08 has fallen to below $4 a share today.
Does this make any sense at all? So this is the plan...they're going to 'fix' the mess America's in by throwing money (money we don't have mind you, borrowed from China and others) at these CORRUPT CEO's and expect them to do 'the right thing' with it.
Yeah right, when pigs fly...

“But God commendeth His love toward us, in that, while we were yet sinners, Christ died for us,”

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[Message index]

	BAILOUT WISDOM??? By: james on Fri, 20 February 2009 17:17
	Re: BAILOUT WISDOM??? By: mark1124 on Sat, 21 February 2009 12:04
	Re: BAILOUT WISDOM??? By: james on Sat, 21 February 2009 14:18
	Re: BAILOUT WISDOM??? By: mark1124 on Sat, 21 February 2009 17:37
	Re: BAILOUT WISDOM??? By: mark1124 on Sat, 21 February 2009 17:39
	Re: BAILOUT WISDOM??? By: james on Sat, 21 February 2009 18:37
	Re: BAILOUT WISDOM??? By: william on Sat, 21 February 2009 19:22
	Re: BAILOUT WISDOM??? By: william on Sat, 21 February 2009 21:41
	Re: BAILOUT WISDOM??? By: william on Sat, 21 February 2009 19:37
	Re: BAILOUT WISDOM??? By: mark1124 on Sat, 21 February 2009 22:08
	Re: BAILOUT WISDOM??? By: james on Sat, 21 February 2009 22:54
	Re: BAILOUT WISDOM??? By: james on Mon, 23 February 2009 20:37
	Re: BAILOUT WISDOM??? By: james on Wed, 25 February 2009 17:30
	Re: BAILOUT WISDOM??? By: james on Tue, 17 March 2009 13:47
	Re: BAILOUT WISDOM??? By: GWB on Wed, 18 March 2009 03:21
	Re: BAILOUT WISDOM??? By: jisamazed on Wed, 08 April 2009 00:42
	Re: BAILOUT WISDOM??? By: james on Wed, 08 April 2009 13:36
	Re: BAILOUT WISDOM??? By: jisamazed on Sat, 11 April 2009 04:11
	Re: BAILOUT WISDOM??? By: james on Mon, 11 May 2009 20:03
	Re: BAILOUT WISDOM??? By: james on Sat, 13 June 2009 20:13
	Re: BAILOUT WISDOM??? By: james on Thu, 25 June 2009 14:15
	Re: BAILOUT WISDOM??? By: william on Thu, 25 June 2009 15:46
	Re: BAILOUT WISDOM??? By: james on Thu, 25 June 2009 20:17
	Re: BAILOUT WISDOM??? By: JWBTI on Sat, 27 June 2009 13:28
	Re: BAILOUT WISDOM??? By: sparkles on Sun, 28 June 2009 16:19
	Re: BAILOUT WISDOM??? By: james on Fri, 31 July 2009 15:22
	Re: BAILOUT WISDOM??? By: GWB on Fri, 31 July 2009 19:53
	Re: BAILOUT WISDOM??? By: james on Sat, 08 August 2009 12:39
	Re: BAILOUT WISDOM??? By: james on Fri, 16 October 2009 19:00
	Re: BAILOUT WISDOM??? By: james on Wed, 13 January 2010 19:10
	Re: BAILOUT WISDOM??? By: james on Mon, 18 October 2010 19:24
	Re: BAILOUT WISDOM??? By: james on Sat, 16 April 2011 17:49
	Re: BAILOUT WISDOM??? By: james on Tue, 24 May 2011 03:00
	Re: BAILOUT WISDOM??? By: james on Wed, 09 November 2011 00:59
	Re: BAILOUT WISDOM??? By: james on Tue, 01 October 2013 15:34
	Re: BAILOUT WISDOM??? By: Gary on Tue, 01 October 2013 20:26
	Re: BAILOUT WISDOM??? By: GWB on Tue, 01 October 2013 20:32
	Re: BAILOUT WISDOM??? By: Marilyn Crow on Wed, 02 October 2013 01:47
	Re: BAILOUT WISDOM??? By: Gary on Wed, 02 October 2013 11:22
	Re: BAILOUT WISDOM??? By: Gary on Tue, 11 March 2014 12:37
	Re: BAILOUT WISDOM??? By: Marilyn Crow on Tue, 11 March 2014 23:08
	Re: BAILOUT WISDOM??? By: Gary on Wed, 12 March 2014 07:01
	Re: BAILOUT WISDOM??? By: Marilyn Crow on Wed, 12 March 2014 09:30

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