September 26, 2008 - Congress is like a slick Vegas magician. While our attention is on its fiddling with the Wall Street mess they slip a quick 25 billion in welfare to the auto industry and hope nobody was noticing. That means this month's bailouts are already over a hundred billion with a...
Filed under: financial crisis,
economic crisis,
Henry Paulson,
Treausury Secretary Henry Paulson,
$700 billion rescue plan,
$700 billion bailout,
government bailout,
Wall Street,
Wall Street CEO pay,
CEO salaries,
House Financial Services Committee,
Congress Financial Services,
Congress government bailout,
government bailout,
AIG,
Lehman Brothers,
Morgan Stanley,
Merrill Lynch,
Wall Street crisis
September 26, 2008 - Come you masters of debt
You that owe the big bucks
You that sell off your shares
To some other rich fucks
You that mismanage funds
You that mishandle loans
I just want you know
I see through your Dow Jones
You that never done not...
Filed under: financial crisis,
economic crisis,
Henry Paulson,
Treausury Secretary Henry Paulson,
$700 billion rescue plan,
$700 billion bailout,
government bailout,
Wall Street,
Wall Street CEO pay,
CEO salaries,
House Financial Services Committee,
Congress Financial Services,
Congress government bailout,
government bailout,
AIG,
Lehman Brothers,
Morgan Stanley,
Merrill Lynch,
Wall Street crisis
September 23, 2008 - This whole bailout thing is very eye-opening. Anytime the government wants to keep a company alive, no matter how poorly run and mishandled it might be, they can just buy it up and allow it to continue bl...
Filed under: Government Bailout,
AIG,
Lehman Brothers,
Morgan Stanley,
Merrill Lynch,
Wall Street Crisis Explained,
Wall Street Crisis,
What is the wall street crisis?,
What is the financial crisis?,
Government Spending Explained,
Market Crisis Explained,
Bank Bailout
September 22, 2008 - According to Politico, one of the main sticking points in the bailout bill is the issue of limits on executive compensation -- maybe because this is one of the few parts of the bill anybody can understand. The Democrats think the executives shouldn't be rewarded for screwing up, to which...
Filed under: Henry Paulson,
Treasury Secretary,
Treausury Secretary Henry Paulson,
$700 billion rescue plan,
$700 billion bailout,
government bailout,
Wall Street,
Wall Street CEO Pay,
CEO Salaries,
CEO Salary Cap,
Congress CEO Salaries Wall Street,
House Financial Services Committee,
Congress FInancial Services,
Congress imposes salary limit,
Congress Debate Government Bailout,
Government Bailout,
AIG,
Lehmen Brothers,
Morgan Stanley,
Merrill Lynch
September 22, 2008 - We're not economists, but according to our calculation, Wall Street is about to be swallowed up by a sinkhole. What can you do to protect your investments? Wait, you have investments? You're our most elite reader!
Normally, in times of such confusi...
Filed under: Henry Paulson,
Treasury Secretary,
Treausury Secretary Henry Paulson,
$700 billion rescue plan,
$700 billion bailout,
government bailout,
Wall Street,
Wall Street CEO Pay,
CEO Salaries,
CEO Salary Cap,
Congress CEO Salaries Wall Street,
House Financial Services Committee,
Congress FInancial Services,
Congress imposes salary limit,
Congress Debate Government Bailout,
Government Bailout,
AIG,
Lehman Brothers,
Morgan Stanley,
Merrill Lynch,
Wall Street Crisis Explained,
Wall Street Crisis,
What is the wall street crisis?,
What is the financial crisis?,
Government Spending Explained,
Market Crisis Explained,
Bank Bailout