Posted on 11/21/2008 2:45:14 PM PST by mathwhizz
FR won't let me post bloomberg content but the link is at Drudge.
You know what’s hilarious about Drudge’s site right now? It’s full of near-apocalyptic headlines, and then it shows a nerdy looking Obama saying, “I got the corned beef.” LOL At least we know he’s keeping his local deli in business, for the time being. Nothing like playing the role of Nero fiddling while Rome burns.
Of course. In this brave new world no one must face the consequences of their actions.
What’s news about more free money!!!
A working weekend for regulators...again.
They had several buy offers for a division of Citibank from well capitalized buyers YESTERDAY, and Citicorp sent them packing.
Now Citi Bank touched the Saudis for a capital hit , but with the price of oil tanking, the princes wouldn't play.
Now its " Bauahahahahahaha" give us government money?
NOT ONE RED CENT OF BAIL OUT MONEY!! NONE!
The Saudis own up to 20 percent of CitiCorp.
LET IT TANK and Sell off its assets.
No tax payer funded bail out for the Saudis!
Where were the Saudis when we asked them to pump more oil? Layin' the screws to America.
Eff Citi Bank and their Saudi backers.
The can sell off divisions and still survive.
We do not need another national bank controlled from abroad.
Citi can become a regional. They earned it.
You know what’s hilarious about Drudge’s site right now? It’s full of near-apocalyptic headlines, and then it shows a nerdy looking Obama saying, “I got the corned beef.” LOL At least we know he’s keeping his local deli in business, for the time being. Nothing like playing the role of Nero fiddling while Rome burns.
Thank G_d President Bush and Paulson are still in charge and are NOT fiddling. They have the situation well in hand. No guarantees after Obama takes over.
Sure they do - assuming you like to be fleeced...
Say WHAT???
You forgot your sarcasm tag my FRiend...
Amazing how few replies this thread has. Everyone else must be out drinking! :O)
Did they get any of the “$700 billion” bailout money?
If so, I wonder if we can get our money back.
Now GM wants bailout money and if GM gets it, what about Ford or the other auto makers. It’s crazy that the politicians can take money from the American people and give it out to the largest businesses.
THEY DON’T REPRESENT ME!
The stock has gone so low, there's no bailing out now.
sw
Alexis de Tocqueville
We have met the enemy and he is us
Walt Kelly.
We are so screwed.
mewzilla
“what about Ford...”
Ford is doing ok. They downsized over many years cutting costs and plants. But, if GM and Chrysler go under, then the parts suppliers go under and where does Ford go for parts?
Ford has $156B in long term debt. They are in worse shape than GM.
Where do you get that number from? That seems six times higher than reality.
Ok, I see where you got it now.
According to Victory: The Reagan Administration's Secret Strategy That Hastened The Collapse of the Soviet Union, by Peter Schweizer, the Saudis, at Reagan's request, lowered the price of oil, and increased pumping, to force down the price of Soviet oil on the market. This was a key element in bankrupting the Soviet Union and bringing about the fall of East European Communism.
Thus, the Saudis achieved more for world freedom in modern times, than any other nation in the mideast.
Probably not what you want to hear, but facts are facts.
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