To: HAL9000
To: Blue Turtle
This is horrible. While I have little sympathy for these clowns who run their companies into the ground,and then get golden parachutes, limits on executive compensation will cause a reverse brain-drain. We have enough problems competing now with Sarbanes-Oxley, the best and the brightest will land overseas putting us at a distinct competitive disadvantage.
35 posted on
09/24/2008 11:11:03 AM PDT by
pineybill
(`)
To: Blue Turtle; All
Washington Mutual has over 180 billion dollars in deposits, WaMu is on the brink of bankruptcy, how does anyone propose the FDIC cover over 180 BILLION DOLLARS of guaranteed deposits????
Once word gets out that WaMu's deposits cannot be covered, what next???? A RUN ON THE BANKS....
Can anyone afford this??? I know I can't...
139 posted on
09/24/2008 6:14:05 PM PDT by
Fred
(The Democrat Party is the Nadir of Nihilism)
To: Blue Turtle
NO BAIL OUT!!!! PRO BAIL OUT!!!!
201 posted on
09/24/2008 6:23:26 PM PDT by
woofie
To: Blue Turtle
All these bad mortgage deals, etc. have a paper and/or digital trail. Before the taxpayer is held responsible for these losses I want to see names, restitution and, down the road, jail time for the most egregious of these seedy characters.
Either full transparency/accountability for those responsible... or no bail out.
If the economy is hurt by this, so be it...at the very least it will more than likely flush out the crooks. If we bail them out they go quietly into the night, looking for yet another pyramid scheme to fleece the suckers down the road.
On CNBC and other business channels they have been talking about the mortgage problem for years...why all the sudden everything hits the fan last week and we have "DAYS to save ourselves"?
Something doesn't pass the smell test.
309 posted on
09/24/2008 7:02:53 PM PDT by
RckyRaCoCo
(Gov. Granholm=Garbage)
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