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But no, they give it to the CEO's who use it to further their financial gains. Like the CEO's of AIG who went on a spa spree spending $450K each. The gov't s/h arrest them for fraudulent use of gov't funds and make them return every ... The Financial Blogger | Why Don’t You Do Something?
Why Am I paying management fees if I’m not making any money?” Answers to these questions are quite simple: if your adviser change his mind and listen to you, he is not helping you! The worst thing to do is to switch your investments to ... A glib dilettante explains the credit crisis, part 3 « Blunt Object
It’s only natural that an investment bank like Bear Stearns would see this as an opportunity to make even more money. And once Bear Stearns started offering investments backed by CRA mortgages, everyone else followed suit; ... Time To Bail Out : NO QUARTER
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But better some pain now rather than major pain and suffering when they fail later, with little or no hope of staying in business. Either the Big Three make major changes or they will fail regardless of how much taxpayer money is thrown ...
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