600billion in claims ? where is that money coming from ?
YES!!! They are going to get the whole friggin 100%!!!!!!! NOT 20%, not 30% but 100%! And then we are going to get our bite! One way or other. Same way we paid pennies we are going to collect some hefty profit. It's that simple! - its all about temporary liquidity vs fundamental flaws. Repo 105 that is the most colourful allegation against management was a common practice in wall street, every singel investment institution did that at the time! The fact that "Gorilla" and co are walking around free is even more colourful. So get ready for 100% or so and drink Coca-Cola.
I guess the international ties prevented the bailout efforts, yet everyone knows it took a concerted effort on the part of many lenders to bring them down...Frozen assets helps no one but the litigating powers...
Wouldn't it be grand if the Feds threw a spark this way? After all, 80 billion per month has been spent in the US to stimulate things..Why not go a step further and do the right things to people who sunk their hard earned monies here and the like...No one had any problem when "Fannie got grabbed", not even Freddie...