public marks

PUBLIC MARKS from bacon with tag bailout

December 2008

Do you think its is worth for Rick Wagoner, Alan Mulally and Robert Nardelli to put their jobs on the line?

I agree with Megan and Obama and Romney that the solution for saving the auto industry is not a blank check from the government. The auto industry has not followed the rules of the market, they did not meet the demand for fuel-efficient cars quick enou...

How to save General Motors Corp.?

Cut down from five regional offices to two. One in Atlanta (east of the Mississippi River)and one in LA (west of Mississippi River). That means Chicago, New York, and Dallas are closed. With about 250 people working in each location (750 total) at an average of $100,000 each, that is a yearly savings of $75 million. Operation cost (rent, equipment, etc.) at the three locations will save another $1.8 million.

November 2008

What is wrong with new $800B Bailout Plan?

Yes, the government added another $800 billion to the bailout bonanza: $600B to purchase mortgage-backed securities from government-sponsored enterprises Fannie Mae, Freddie Mac, Ginnie Mae, and the Federal Home Loan Banks. A $200B Term Asset-Backed Se...

Citigroup New Rescue Package is the greatest heist in American history.

Sadly, it is quite clear now that Paulson is simply another typical Bushevik crony capitalist. As far as he is concerned the bailout money is intended to enrich his friends and everyone else can simply stick it.  To the plunderers go the plunder…you...

September 2008

Review and analysis on AIG Bailout: Robert Willumstad may be replaced by Edward Liddy

If large financial institutions are too systemically important to fail, then they should not be in private hands at all. We have not even begun to see the fallout from the Lehman failure. It will take years for all of that to unwind. What in the world...

bacon's TAGS related to tag bailout

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