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Tommy86

10/02/08 7:20 AM

#36128 RE: nlightn #36126

this is like a deja vu, i feel like its monday morning
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samaelrocks

10/02/08 7:25 AM

#36130 RE: nlightn #36126

Thanks for the link. It speaks volumes when it's our government pushing on a bailout yet the voters and economists are saying "NO."

Let the banks fail. People with mortgages in good standing still have to pay the note whether their bank switches hands or not under bankruptcy.

So banks have to sell their assets to another. Big deal. In the end, the only thing that will happen are a few CEO's will lose their jobs. A lot of the other workers may keep their jobs through a transitional exercise.

How pissed off will the voting public be if the bailout doesn't pass and most of the "troubled" institutions somehow make it though. LOL!
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3xBuBu

10/02/08 8:24 AM

#36136 RE: nlightn #36126

pre-markets are red, deal is only half down,
difficult road is in the house