Comments on: More Clarification of Bailout Details (Updated) http://www.nakedcapitalism.com/2008/09/more-clarification-of-bailout-details.html Sun, 22 Nov 2009 07:56:24 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Matthew Dubuque http://www.nakedcapitalism.com/2008/09/more-clarification-of-bailout-details.html#comment-17354 Matthew Dubuque Thu, 25 Sep 2008 23:02:00 +0000 http://www.nakedcapitalism.com/2008/09/more-clarification-of-bailout-details-updated/#comment-17354 Matthew Dubuque<br/><br/>I agree bankruptcy mods look unlikely.<br/><br/>But Obama is so spineless for not pushing this, it shows a lack of leadership.<br/><br/>I'm fully persuaded Bernanke was for it, even if Paulson wasn't.<br/><br/>Would Bush have vetoed it with that one provision?<br/><br/>I doubt it.<br/><br/>They are planning to sell this toxic waste based on projected cash flows to maturity, while AT THE SAME TIME undermining attempts to maximize that cash flow through bankruptcy cramdowns.<br/><br/>Go figure.<br/><br/>Pathetic.<br/><br/>Matthew Dubuque<br/>mdubuque@yahoo.com Matthew Dubuque

I agree bankruptcy mods look unlikely.

But Obama is so spineless for not pushing this, it shows a lack of leadership.

I’m fully persuaded Bernanke was for it, even if Paulson wasn’t.

Would Bush have vetoed it with that one provision?

I doubt it.

They are planning to sell this toxic waste based on projected cash flows to maturity, while AT THE SAME TIME undermining attempts to maximize that cash flow through bankruptcy cramdowns.

Go figure.

Pathetic.

Matthew Dubuque
mdubuque@yahoo.com

]]> By: Lewis B. Sckolnick http://www.nakedcapitalism.com/2008/09/more-clarification-of-bailout-details.html#comment-17349 Lewis B. Sckolnick Thu, 25 Sep 2008 22:39:00 +0000 http://www.nakedcapitalism.com/2008/09/more-clarification-of-bailout-details-updated/#comment-17349 If this is real such a great Win-Win idea its too bad that they just can't get a conventional loan.<br/><br/>$350,000,000,000 without 'Congressional Approval' If this is real such a great Win-Win idea its too bad that they just can’t get a conventional loan.

$350,000,000,000 without ‘Congressional Approval’

]]> By: Anonymous http://www.nakedcapitalism.com/2008/09/more-clarification-of-bailout-details.html#comment-17329 Anonymous Thu, 25 Sep 2008 21:33:00 +0000 http://www.nakedcapitalism.com/2008/09/more-clarification-of-bailout-details-updated/#comment-17329 1c is a bit LOL! 1c is a bit LOL!

]]> By: Anonymous http://www.nakedcapitalism.com/2008/09/more-clarification-of-bailout-details.html#comment-17328 Anonymous Thu, 25 Sep 2008 21:26:00 +0000 http://www.nakedcapitalism.com/2008/09/more-clarification-of-bailout-details-updated/#comment-17328 Any agreement should include a clause stating that the president will not attach any signing statements interpreting the bill. Otherwise the Taxpayer Protection, Oversight and Transparency are toast. Any agreement should include a clause stating that the president will not attach any signing statements interpreting the bill. Otherwise the Taxpayer Protection, Oversight and Transparency are toast.

]]> By: satan http://www.nakedcapitalism.com/2008/09/more-clarification-of-bailout-details.html#comment-17321 satan Thu, 25 Sep 2008 20:51:00 +0000 http://www.nakedcapitalism.com/2008/09/more-clarification-of-bailout-details-updated/#comment-17321 About borrowing money for the 700 B bailout.. ahem..<br/>_____________<br/><br/>China banks told to halt lending to US banks-SCMP <br/>Wed Sep 24, 2008 9:52pm EDT<br/><br/>BEIJING, Sept 25 (Reuters) - Chinese regulators have told domestic banks to stop interbank lending to U.S. financial institutions to prevent possible losses during the financial crisis, the South China Morning Post reported on Thursday.<br/><br/>http://www.reuters.com/article/wtMostRead/idUSPEK16693720080925 About borrowing money for the 700 B bailout.. ahem..
_____________

China banks told to halt lending to US banks-SCMP
Wed Sep 24, 2008 9:52pm EDT

BEIJING, Sept 25 (Reuters) – Chinese regulators have told domestic banks to stop interbank lending to U.S. financial institutions to prevent possible losses during the financial crisis, the South China Morning Post reported on Thursday.

http://www.reuters.com/article/wtMostRead/idUSPEK16693720080925

]]> By: Anonymous http://www.nakedcapitalism.com/2008/09/more-clarification-of-bailout-details.html#comment-17315 Anonymous Thu, 25 Sep 2008 20:36:00 +0000 http://www.nakedcapitalism.com/2008/09/more-clarification-of-bailout-details-updated/#comment-17315 First they bail out Morgan Stanley. Apparently that costs $250 B. Then if they decide to help someone else in trouble they do that. First they bail out Morgan Stanley. Apparently that costs $250 B. Then if they decide to help someone else in trouble they do that.

]]> By: Anonymous http://www.nakedcapitalism.com/2008/09/more-clarification-of-bailout-details.html#comment-17314 Anonymous Thu, 25 Sep 2008 20:33:00 +0000 http://www.nakedcapitalism.com/2008/09/more-clarification-of-bailout-details-updated/#comment-17314 For all you A-types out there - you can't fool Mr. Market. So go home climb up on your mommy's lap and let the market mechinism work. Whatever happen to "the American Economy is resilent," response? For all you A-types out there – you can’t fool Mr. Market. So go home climb up on your mommy’s lap and let the market mechinism work. Whatever happen to “the American Economy is resilent,” response?

]]> By: Anonymous http://www.nakedcapitalism.com/2008/09/more-clarification-of-bailout-details.html#comment-17306 Anonymous Thu, 25 Sep 2008 20:14:00 +0000 http://www.nakedcapitalism.com/2008/09/more-clarification-of-bailout-details-updated/#comment-17306 Yves,<br/><br/>I note that you have only one blog entry filed under "banana republic." <br/><br/>So far. The day is young. Yves,

I note that you have only one blog entry filed under “banana republic.”

So far. The day is young.

]]> By: Anonymous http://www.nakedcapitalism.com/2008/09/more-clarification-of-bailout-details.html#comment-17304 Anonymous Thu, 25 Sep 2008 20:13:00 +0000 http://www.nakedcapitalism.com/2008/09/more-clarification-of-bailout-details-updated/#comment-17304 The banks will not participate in this plan initially. Paulson will say "I told you so"...the crisis will worsen, Paulson will get his way.<br/><br/>They neeed to flush this plan intirely and look at bank recap. options.<br/><br/>Otherwise we are done The banks will not participate in this plan initially. Paulson will say “I told you so”…the crisis will worsen, Paulson will get his way.

They neeed to flush this plan intirely and look at bank recap. options.

Otherwise we are done

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