so lets agree with Hank to allow the banks to continue risk-taking profitable activities; however, lets require them to be scaled-back in size so as not to be “too big to fail”….BofA is already so big that Uncle Sam cannot afford to bail out!
I dont see any information in the Insurance Journal regarding an interview with Michael Brown of FEMA and how the current socialist administration took 9 days to figure out what was going on. Finally they sent out the bull dike butch Napolitano to keep repeating “FROM DAY ONE” which is total crap.
Paulson is old news and by the way Goldman Sachs gave 9 to 1 dollars to the democrats. I dont think you will see any improvement in their actions.
Do you really think we are prepared for anything anymore. Look at the Times Square bomber. This guy came to the US in 2008, became a citizen in 2009 and went back to Pakistan trained in a terrorist compound and the CIA, FBI or Homeland security didnt have him on our radar! HELLO!
WE ARE NOT EVEN PREPARED FOR A TERRORIST MUCH LESS A FINANCIAL MELTDOWN.
Again, the rating agencies and their contribution to the whole mess is glossed over. It is the rating agencies that should be monitoring these companies which are “to big to fail”. I don’t think that the “Goldmans” or the “Lemans” would have been able to sell a credit default swap instrument had Moodys or S&P or A.M. Best given them a “junk bond” rating [which is what they were] instead of the AAA ratings they recieved. Had this occured, the professional buyers would have never played the game. Shame on the rating agencies!!!!!
so lets agree with Hank to allow the banks to continue risk-taking profitable activities; however, lets require them to be scaled-back in size so as not to be “too big to fail”….BofA is already so big that Uncle Sam cannot afford to bail out!
I dont see any information in the Insurance Journal regarding an interview with Michael Brown of FEMA and how the current socialist administration took 9 days to figure out what was going on. Finally they sent out the bull dike butch Napolitano to keep repeating “FROM DAY ONE” which is total crap.
Paulson is old news and by the way Goldman Sachs gave 9 to 1 dollars to the democrats. I dont think you will see any improvement in their actions.
Do you really think we are prepared for anything anymore. Look at the Times Square bomber. This guy came to the US in 2008, became a citizen in 2009 and went back to Pakistan trained in a terrorist compound and the CIA, FBI or Homeland security didnt have him on our radar! HELLO!
WE ARE NOT EVEN PREPARED FOR A TERRORIST MUCH LESS A FINANCIAL MELTDOWN.
Again, the rating agencies and their contribution to the whole mess is glossed over. It is the rating agencies that should be monitoring these companies which are “to big to fail”. I don’t think that the “Goldmans” or the “Lemans” would have been able to sell a credit default swap instrument had Moodys or S&P or A.M. Best given them a “junk bond” rating [which is what they were] instead of the AAA ratings they recieved. Had this occured, the professional buyers would have never played the game. Shame on the rating agencies!!!!!