Replies to post #113203 on Value Microcaps Motherboard

[yielddude]

Kipp, thanks for getting getting my ire up this A.M., ...

In announcing its loan-sale program last week, the Treasury provided an example of a purchase price of 84 cents on the dollar, with taxpayers putting up 6 cents, investors 6 cents and the FDIC guaranteeing 72 cents in financing.
“Eighty-four cents is just laughable” because the market value for loans is much lower, said Barry Ritholtz, chief executive officer of New York-based FusionIQ, an independent research firm.
The U.S. is structuring the loan purchases to leave the government with most of the risk, while investors stand to gain most of any profit, economist Stiglitz said.
“There’s almost no upside for the taxpayer,” he said. “The government is giving a 110 percent bailout.”