randomness: (Default)
Randomness ([personal profile] randomness) wrote2008-09-19 03:35 pm

(no subject)

The Mother of All Bailouts is coming.

I can hardly wait.

[identity profile] chris-warrior.livejournal.com 2008-09-19 07:46 pm (UTC)(link)
gah.

still, ever think you'd own .0000000000045% of Merill Lynch without ever buying their stock? ;)

[identity profile] r-ness.livejournal.com 2008-09-19 08:10 pm (UTC)(link)
It's the prospect of owning part of some dodgy mortgage in suburban Las Vegas that concerns me more.
totient: (Default)

[personal profile] totient 2008-09-19 08:14 pm (UTC)(link)
This is pretty much it for the dollar, isn't it.

[identity profile] ketzl.livejournal.com 2008-09-19 08:25 pm (UTC)(link)
Hey... that's how we can solve the financial crisis-- we can just print money and give it to the banks! Why didn't I think of that? And how can I get a piece?

[identity profile] meepodeekin.livejournal.com 2008-09-19 09:59 pm (UTC)(link)
I'm pretty sure if you ask in the right crowd you can get a machine for that...
evilmagnus: (Default)

[personal profile] evilmagnus 2008-09-19 11:45 pm (UTC)(link)
I'm reminded of that Oprah episode where she gave everyone in the audience a free car.

"Everyone gets a bail-out! Everyone gets a bail-out!"

...then the tax bill for the capital gains hits six months later.

[identity profile] babasyzygy.livejournal.com 2008-09-21 09:43 am (UTC)(link)
And wait for the next one, when the credit card issuing banks want a bailout for all of the unsecured credit they gave. They got their first round in the tightening of bankruptcy law, but as long as the Federal trough is attainable, they'd be remiss not to try...

[identity profile] babasyzygy.livejournal.com 2008-09-24 02:28 am (UTC)(link)
Oh, I spoke too soon. Obama's suggesting that credit card, auto, and college loan backers be given a place at this trough.