Posted on 09/25/2009 4:50:26 PM PDT by Nachum
WASHINGTON (AP) - Treasury officials and regulators are weighing a fresh round of bailouts for banks that were deemed too risky to qualify for earlier aid.
Representatives from the Treasury Department, Federal Deposit Insurance Corp. and House Financial Services Committee discussed the plan by phone Thursday, said California Bankers Association Chairman Dan Doyle, who was on the call.
Small community banks are struggling as commercial real estate and other loans go sour. Officials and industry representatives are considering how to get money to those banks, Doyle said Friday.
(Excerpt) Read more at apnews.myway.com ...
The list, ping
Friday death?
i thought the first bailout was to deal with toxic loans so whats up?
Let the banks fail. Let the market do what it does best. Namely work. Quit introducing all this bogus stuff into the equation.
it’s all they know how to do.........one trick ponies
Also get rid of the insurance then people will be cautious with their money and so will the banks Get the Government out of the banking business
And the Commercial REIT stocks are still riding high. Strangest thing.
On Fridays they announce the banks that failed this past week. It’s reaching critical mass. 95th so far this year:
http://www.marketwatch.com/story/georgia-bank-is-95th-us-failure-of-2009-2009-09-25
“i thought the first bailout was to deal with toxic loans so whats up?”
No, Silly. The FIRST round of bailouts were to repay campaign favors.
NOW, we’re really getting to the meat and potatoes of the matter. BOHICA! (And open your wallet while you’re at it, you taxpaying SERF!) ;)
Ah, thanks.
they got my tax dollars...i feel so used
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