Comments on: Tracking the $700 Billion Bailout http://www.ritholtz.com/blog/2008/11/tracking-the-bailout/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Tue, 14 Feb 2012 13:58:51 +0000 hourly 1 http://wordpress.org/?v=3.0.5 By: James http://www.ritholtz.com/blog/2008/11/tracking-the-bailout/comment-page-1/#comment-127921 James Fri, 21 Nov 2008 18:21:35 +0000 http://www.ritholtz.com/blog/?p=10254#comment-127921 What is interesting is how some of these banks take the funds without a peep. Washington Federal, for example talks about their top rating and strength: http://www.washingtonfederal.com but has nothing to say whatsoever regarding their TARP participation, including, in particular, why. What is interesting is how some of these banks take the funds without a peep. Washington Federal, for example talks about their top rating and strength:

http://www.washingtonfederal.com

but has nothing to say whatsoever regarding their TARP participation, including, in particular, why.

]]> By: scorpio http://www.ritholtz.com/blog/2008/11/tracking-the-bailout/comment-page-1/#comment-127920 scorpio Fri, 21 Nov 2008 18:17:13 +0000 http://www.ritholtz.com/blog/?p=10254#comment-127920 Obama talking about pre-packaged btcy for the automakers with any taxpayer investment made at super-senior level. that template shd apply to the financial industry as well, otherwise we're pissing away the future borrowing capacity and welfare of the amurrican people. if you're levered 40-1 vs historical 10-1 then wiping out the equity only takes care of 1/40th of the problem, which is why there's been no improvement to date. we have to wipe out the preferred and the debt at failing companies. everyone needs to learn their lesson before taxpayer money goes in. short of that the downward spiral continues. Obama talking about pre-packaged btcy for the automakers with any taxpayer investment made at super-senior level. that template shd apply to the financial industry as well, otherwise we’re pissing away the future borrowing capacity and welfare of the amurrican people. if you’re levered 40-1 vs historical 10-1 then wiping out the equity only takes care of 1/40th of the problem, which is why there’s been no improvement to date. we have to wipe out the preferred and the debt at failing companies. everyone needs to learn their lesson before taxpayer money goes in. short of that the downward spiral continues.

]]> By: RiskAverseAlert http://www.ritholtz.com/blog/2008/11/tracking-the-bailout/comment-page-1/#comment-127918 RiskAverseAlert Fri, 21 Nov 2008 18:11:18 +0000 http://www.ritholtz.com/blog/?p=10254#comment-127918 See the sharks. Beware the soon to be eaten... See the sharks. Beware the soon to be eaten…

]]> By: DL http://www.ritholtz.com/blog/2008/11/tracking-the-bailout/comment-page-1/#comment-127916 DL Fri, 21 Nov 2008 17:44:15 +0000 http://www.ritholtz.com/blog/?p=10254#comment-127916 William Greider has called for an end to the bank bailouts: http://www.thenation.com/doc/20081208/greider William Greider has called for an end to the bank bailouts:

http://www.thenation.com/doc/20081208/greider

]]> By: Pat G. http://www.ritholtz.com/blog/2008/11/tracking-the-bailout/comment-page-1/#comment-127914 Pat G. Fri, 21 Nov 2008 17:40:33 +0000 http://www.ritholtz.com/blog/?p=10254#comment-127914 One question. Why do we need that many banks? One question. Why do we need that many banks?

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