[Politics/Religion] Total cost of money grab: $3.5T

gleek

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King George XLIII on the throne

[Politics/Religion] Total cost of money grab: $3.5T

« on: November 13, 2008, 10:54:31 AM »

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New Rule: If companies that are "too big to fail" take the government handout, they need to be broken up into several companies that are small enough to allow to fail.


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Aske

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Re: [Politics/Religion] Total cost of money grab: $3.5T

« Reply #1 on: November 13, 2008, 11:05:45 AM »

At this point, I wish that $3.5T had just wholly socialized these entities. Although they would still have massive looming short term losses, any future gains would become property of the taxpayer, and CEO salaries would be limited to , what... 400k ?


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MFAWG

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Re: [Politics/Religion] Total cost of money grab: $3.5T

« Reply #2 on: November 13, 2008, 07:10:40 PM »

I just watched Dr. Evil lookalike Henry Paulson with Jim Lehrer, and he didn't do so well.

Lehrer was increasingly stunned as it became clearer that Paulson has no idea what the *fudge* is going on, and doesn't really know where any of the money went.

As soon as Paulson said 'We're At A Tipping Point', I knew that this was just a good old fashioned money grab, the same kind we've become so used to in the last 8 years.


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The things that will destroy America are prosperity at any price, peace at any price, safety first instead of duty first, the love of soft living and the get rich quick theory of life. -- Teddy Roosevelt

stroh

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How the *fudge* do I know?

Re: [Politics/Religion] Total cost of money grab: $3.5T

« Reply #3 on: November 13, 2008, 07:20:22 PM »

[Joe the Mr tech]

Man, if we get *fudge*ed in this deal, I (we the people) are gonna be so pissed.

Seriously, I can see one of the many CEOs that got a huge G.P. retirement grabbed and beaten badly by J. Q. Publique.

I've seen it done before. "Hey! Aren't you one of them Wall Street *fudge*s that got millions of our tax money and went on a fancy vacation? Come 'ere." Don't underestimate people that buy cases of beer that are actually four 6 packs in a cardboard flat that still use those plastic ring things that kill ducks, and buy ammo from Wal-Mart.

[/Joe the MR tech]


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MFAWG

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Re: [Politics/Religion] Total cost of money grab: $3.5T

« Reply #4 on: November 13, 2008, 07:29:38 PM »

Quote from: Aske on November 13, 2008, 11:05:45 AM

Just tie all stock options to 5 year from date of acquisition performance, and watch the magic happen.


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