On Thursday 24 April 2008 10:45, Ed Leafe wrote: > On Apr 24, 2008, at 9:16 AM, Stephen Russell wrote: > > Who is getting bailed out? > > > > The government is guaranteeing the funds within the bank so if you > > had money > > there it was safe. > > We are not talking FDIC insured accounts in savings banks; that was > another Republican administration. We are talking speculative > investments with companies like Bear Stearns. These are people who are > professional investors
Hi Ed! So, I guess it must have been a Bear Stearns market, not merely a bear market. So the government bails out the richies in time for the election campaign LOL. -- Regards, Pete http://www.pete-theisen.com/ _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[EMAIL PROTECTED] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
