Financial Times:
Hedge funds will be allowed to borrow from the Federal Reserve for the first time under a landmark $200bn programme intended to support consumer credit.
Want to reply to a comment? Hint: Click "Reply" at the bottom of the comment; after being approved your comment will appear directly underneath the comment you replied to
If this doesn't make you want to abolish the Fed, then you are not paying attention.
absolutely amazing. the treasury department needs to be shut down, everyone fired and started again from scratch. paulson should go on trial for the theft of hundreds of billions from the taxpayers that he gave to his friends who pay no taxes. when is this madness going to end?
Amazing ! How many Billions did Hedge Funds collect In their hay day, this past ten yrs? The consumers have been beaten up, hog tied, strangled, blood letting, in interest rates, and know one cares.....Wheres the forgiveness for credit card debts, for anyone??Huh! Who said these Card Hedge Funds Investors didn't know what they were doing? They knew that they were ripping off the poor. Only the poor have outstanding bills. Everyone should take their punishment, including the Hedge Funds. No!! Bailouts.
SCREEAMING
BEFORE THEY GET ONE DIME, fix the taxes so that they are paying income taxes like us poor working slobs... THERE IS NO REASON FOR ANY PREFERENTIAL TAX TREATMENT...
BONUSES, CAPITAL GAINS, DIVIDENDS,,, ALL INCOME OVER $250 GRAND BE TAXED AS INCOME AND SUBJECT TO PAYROLL TAXES... These people have been riding on our backs for the last 30 years and it has to stop NOW!!!
freeze the bailout funds NOW
I thought I made a decent comment these f@@@@@ckers dont print WHY???????????????
Calm down. They have a list of words -- which includes nearly all the names in the news -- which automatically make a post get held for moderation. It's there because otherwise spammers and political wingnuts come in. And posting more whining about it just means there's more backlog. Wait a few hours before you complain.
Hedge funds your kidding me .I am so mad & not a damn thing we can do about.F@ck that lets all withhold taxes , we will call it our bailout !!!
WHO APPROVED THIS?
SO MUCH NEWS ABOUT $13 BILLION TO BIG 3 AND THEY JUST HAND OVER $200 BILLION JUST LIKE THAT!
EVERY TIME YOU TURN AROUND THE BANKSTERS ARE BEING REWARDED FOR THEIR CORRUPTION!
When will the Banksters pay the price?
When will JUSTICE be served?
Haven't you noticed the increased frequency of these revelations? They will accelerate up until Inauguration day. They are stealing the silverware on the way out and not even hiding it in their coat pockets anymore.
Back up the trailer, it's all you can carry....
HEDGE FUND UNDERBELLIES WILL SURFACE AT MADOFF & Co. TRIALS
From New York to Geneva, corruption is rampant and complex on Wall Street, including the process of accumulation of this much cash..
-
http://pacificgatepost.blogspot.com/2008/12/is-madoff-really-anomaly.html
-
MADOFF AND HIS METHODS have been used to raise capital for a millennium.
Not only did Jesus overturn the tables of the money changers ,he also condemned the corrupt leaders in the church. It is stated that our leaders are held to a higher standard. It is accountability time.
Jesus overturned the tables of the money changers
The GOP are the money changers
I think that's the point!
Nooooooooooooooooooo
Let's just give it the gamblers in Las Vegas?
That's what Hedge funds are.
This is the greatest heist in human history.
It's not so much that they are stealing what is there ('cuz there ain't nothin') but they're CREATING stuff specifically to be stolen!
At this point a complete collapse of our financial system looks like the preferred option. FREEZE THE BAILOUT FUNDS!
That's why FDR shut the banks down for four days to do an audit!
I made a bad investment which has halved. I bought dollars. Do you think the Fed can also bail me out.
Where do I get the forms?
Loading comments…
First Posted: 12-20-08 05:35 PM | Updated: 01-20-09 05:12 AM