Where you can bid fake money on fake stuff, make up fake Paintings for a whopping fake $78,006, because I want to enjoy the fun of eBay but not pay any money or get anything! Additional Details<...
I'm not talking about "marketable securities" or other accounting near misses, but CASH. I doubt corporations put $30bn in any old "bank". So how does it work? Does value ...
I was hired as a PT 4 years ago. At that time I was told it might be "a year or two" before they could make me full time. I work for a newpsper as a platemaker. I average 32 hours; 2 ...
I received a emailing stating I won 2,500.000. and that I need to give them my name, address, The director's name is Allen Smith, contact person Donald Hughes and Public Relation person is C...
About thishttp://seattlepi.nwsourc I have always kind of despised Starbucks and will only use them at airports or inside casinos. Two reasons I can't ...
My hubby is finishing up his MBA. He has a bachelors in english and has been working in a non management job in logistics as a freight coordinator. I was just wondering how much of an impact this ...
Maybe it was easier and cheaper to do that. I heard on the news that one fiancial analyst said that it could have cost at least $400 Billion to bail out Lehman Brothers. Thats a lot... The govt could have done it, but in the end, it probably will cost you, me and the others a lot of money (in the form of taxes and such)
Plus, Lehman Brothers is a private company. Fannie and Freddie are government sponsored enterprises.
picasso
I saw something about that they waited too long.
It's What Plants Crave
They could have bailed out Enron too....
it's not the governments job to bail out everyone.. look at Africa. We bail them out all the time and still are... they will never achieve independence.
jimulik
The government doesn't have as much money as you think.We can't
bail out every money hungry,greedy, bad investment corporation that
goes belly up because of their bad investment strategies.This was a wake up call for all American financial institutions.Uncle Sam made
the right call.
Eric J
...or perhaps we should bail out the local flower shop that went under. Heck, why not the local mom and pop hardware store who couldn't compete with the chain store. The answer to your question rests with the government's role in a capital-driven economy. When the government bails out a business, Uncle Sam forces every tax-paying American to buy stock in a failing/failed company. I don't know about you, but I attempt to pick winners on the stock market because it makes financial sense. I don't want Uncle Sam determining which businesses should suceed or fail...that is the market's responsibility. Lehman Bros. decided to jump on the Housing Market bubble and lost...the same way John Q. Public decided to buy a house betting it would triple in value within the year. Let the market drive!
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