Is it on again ... from what I read yesterday they decided to pull out of this thing due to the public backlash... but if it's the investors themselves ... private citizens I take it ... well greed begets greed ... gawd almighty folks the stock would have been reduced to pennies on the dollar if the government hadn't intervened and now they are b1=+ching because there dividend checks weren't as huge as the expected. waa, waa, was ... said this little piggy
They had a choice, accept the money and the terms or Go bankrupt. We didn't force them to accept the bailout money.
Also HSBC had serious charges of price-fixing and market manipulation dropped because they're "too big to prosecute" ie, "they do so much business that them going bankrupt would possibly tank the economy, so we can't punish them".
that's fine, but the Dept. of Justice basically refused to arrest a criminal because "he's too rich to arrest". That's f*cking bullsh*t.
It shouldn't happen AT ALL. Thanks capitalism.....
I'm thinking it would have been much cheaper to buy the business in the marketplace when it crashed and sling the villians out then. And the same could have been done with the banks. But that would have taken an honest congress and senate at the time. (ROFLOL!)
If the government had let them go broke and thrown the crooks that participated in the sub-prime scam into jail, we wouldn't have this problem.
If they do sue, the government should sue to get our money back with interest.
they are not suing a former major investor (Greenburg) who did not agree with the bailout is suing.
Just WOW! Why can't these suits be tossed and the people bringing them be stoned to death in public? Oops was that out loud, I mean it is not cool......
Bunch of BS. I fart in their general direction.
US Malodorant "Bathroom odor no.1". Apparantly it's so awful that people start screaming to be let out within seconds.
Sounds like the vultures are tearing each other to pieces.
I think it's ridiculous. And so was the decision to bail it out.