Friday, January 29, 2010
Thursday, January 21, 2010
Dear Obama, You Forgot a Few Companies.
Fannie Mae, Freddie Mac, Federal Housing Administration, American International Group, GMAC
Also, what is your plan after you over-tax, and over-regulate banks? They will either increase rates on loans, or increase standards required for borrowers. Both cases DECREASE lending. Do you then create a law or regulation forcing banks to lend to poor quality borrowers? (This did not work out well with Fannie & Freddie).
Also, what is your plan after you over-tax, and over-regulate banks? They will either increase rates on loans, or increase standards required for borrowers. Both cases DECREASE lending. Do you then create a law or regulation forcing banks to lend to poor quality borrowers? (This did not work out well with Fannie & Freddie).
Friday, January 15, 2010
BREAKING NEWS: Financials To Sandbag Earnings To Avoid Barney Franks
Financials will excessively increase loss provisions to avoid blowing out earnings all to avoid the wrath of the communists Barney Franks & Nancy Pelosi.
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