tag:blogger.com,1999:blog-4863014635257598503.post7870313291069611607..comments2024-02-27T22:18:53.706-05:00Comments on Zero Hedge: Statements Like "Short Term Bank Takeovers" Prove Conclusively How Clueless Administration IsTyler Durdenhttp://www.blogger.com/profile/00165439451205639523noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-4863014635257598503.post-67246219748400163582009-02-21T08:22:00.000-05:002009-02-21T08:22:00.000-05:00lsat i checked, Dodd was in congress not in the ad...lsat i checked, Dodd was in congress not in the administration, and unfortunately he is correct. C and BAC would not be alive without government support. Lets just call it as it is and have the government take the bank over, strip the bad assets, put in $30B of new capital and IPO. No need to figure out the pricing of these assets, and have those assets marked down by wiping out tangible and preferred equity.<BR/>that is short term nationalization, and is probably the end game.Securities or lack thereofhttps://www.blogger.com/profile/14476168892334090733noreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-38923185280695194952009-02-20T23:01:00.000-05:002009-02-20T23:01:00.000-05:00Re: Dodd's ludicrous perspective on life> ...Re: Dodd's ludicrous perspective on life<BR/><BR/>> Dodd did get a heck of a good loan from Angelo, didn't he?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-31480357033560397152009-02-20T18:28:00.000-05:002009-02-20T18:28:00.000-05:00“I’m sort of stunned in a way that some people are...“I’m sort of stunned in a way that some people are reacting the way they are about all of this,” Dodd said. “At a time like this, everyone needs to pull in the same direction.”<BR/>----------<BR/><BR/>And what direction would THAT be? Head long toward the black hole of stupidity??Anonymousnoreply@blogger.com