Comments on: Stocks Post Huge Late-Day Surge

Dow Closes Up More Than 400 Points After Government Says It May Create Repository For Banks' Bad Debt

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by usclimey September 18, 2008 7:31 PM EDT
Liked the last post gop_will_win!

Ya gotta be nervous over the "the Resolution Trust Corp. that was set up during the savings and loan crisis of the late 1980s and early 1990s" bit. Anything to do with that fiasco can''t be a good idea can it?
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by gop_will_win September 18, 2008 7:15 PM EDT
Its a magic box! Banks can take their bad loans and put them in the magic box and they will come out as good loans! You know it takes a conservative to come up with such a wonderful idea! Now if only I can perfect my turning straw into gold technique.
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by sociopath2 September 18, 2008 7:13 PM EDT
Here we go again, another Republican financial fiasco caused by intentionally relaxed regulation, to be swept under the rug, with the public shouldering the cost while the ''Conservative'' schemers who thought up the plan get to walk away Scott-free, counting their ill-gotten gains.
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