Stocks plummet as Paulson says Feds w...

Stocks plummet as Paulson says Feds won't buy banks' bad mortgages

There are 27 comments on the Long Beach Press-Telegram story from Nov 12, 2008, titled Stocks plummet as Paulson says Feds won't buy banks' bad mortgages. In it, Long Beach Press-Telegram reports that:

Treasury Secretary Henry Paulson said the government won't buy banks' soured mortgage assets after all, disappointing investors who hoped to see the bad debt wiped off companies' books.

Join the discussion below, or Read more at Long Beach Press-Telegram.

First Prev
of 2
Next Last
Constitution Party

Fountain Valley, CA

#1 Nov 12, 2008
The criminals have changed their mind regarding what to do with the money they stole from us? Hardly. How about doing what they originally planned. Which is to feed it to their banker friends so they can continue to pillage the smaller banks. The bailout was a farce from the beginning, and continues the looting of this country by the banking elite.

“How the hell do you change ”

Since: Aug 08

your location? I don't live in

#2 Nov 12, 2008
True that. This is all bullshit. Who ever thinks that the U.S. government is not corrupt must be corrupt himself waiting for a piece of the pie!

Since: Jul 11

Location hidden

#3 May 23, 2014
ShockedToo wrote:
True that. This is all bullshit. Who ever thinks that the U.S. government is not corrupt must be corrupt himself waiting for a piece of the pie!
lmao!

Since: Jul 11

Location hidden

#4 May 23, 2014
Constitution Party wrote:
The criminals have changed their mind regarding what to do with the money they stole from us? Hardly. How about doing what they originally planned. Which is to feed it to their banker friends so they can continue to pillage the smaller banks. The bailout was a farce from the beginning, and continues the looting of this country by the banking elite.
good post!

Since: Jul 11

Location hidden

#5 May 23, 2014
Wall St billionaires stocks need help, Mr. Paulson we need more bonuses

Since: May 14

Indore, India

#6 May 25, 2014
very nice discussion thread

Since: Jul 11

Location hidden

#8 May 26, 2014
I'm being stalked again!

Since: Jul 11

Location hidden

#13 Jun 17, 2014
Constitution Party wrote:
The criminals have changed their mind regarding what to do with the money they stole from us? Hardly. How about doing what they originally planned. Which is to feed it to their banker friends so they can continue to pillage the smaller banks. The bailout was a farce from the beginning, and continues the looting of this country by the banking elite.
Capitalism needs a bailout?

Since: Jul 11

Location hidden

#14 Jun 21, 2014
The surrender of Wall St to the Federal Reserve..under a RepLicking Prez

Since: Jul 11

Location hidden

#15 Jun 22, 2014
Impeach Uncle Tom Alphonso Jackson!

Since: Jul 11

Location hidden

#16 Jun 23, 2014
"..we shouldn't like bailouts.." Paulson '07

hahahaha!!!

Since: Jul 11

Location hidden

#17 Jun 23, 2014
"Paulson also announced a new goal for the program to support financial markets which supply consumer credit in such areas as credit card debt, auto loans and student loans. He said "with a stronger capital base, our banks will be more confident" to support economic activity."

The bailout is not for GM? lets say auto loans (or GMAC)

and then shortly thereafter Fannie/Freddie September '08 go into a conservatorship

What a Scam!!

Since: Jul 11

Location hidden

#19 Jun 28, 2014
The American Greed of the Western Banking System..

Since: Jul 11

Location hidden

#20 Jun 28, 2014
According to "laissez faire" feudalism, oops I mean capitalism, stocks should have leveled off-or does Keynesian Economics provide more of a safeguard to the working (blue collar) class

John Maynard Keynes defeats Secretary Paulson
Mustang Mike

Knoxville, TN

#21 Jun 29, 2014
Democrats screwup everything good and decent!

Since: Jul 11

Location hidden

#22 Jul 10, 2014
The only thing worse than the Democowards are the REEKpublicans

Since: Nov 12

Philippines

#23 Jul 17, 2014
nice thread. thanks for sharing that information. it was very informative.
[url=http://www.legacylegal.co m/credit-education/credit-topi cs/credit-repair-service.asp]C redit Repair Services[/url]

Since: Jul 11

Location hidden

#25 Jul 19, 2014
I liked it to..:-)

Since: Jul 11

Location hidden

#28 Jul 23, 2014
The bailout King

Since: Nov 12

Philippines

#30 Aug 15, 2014
nice thread. thanks for sharing that information. it was very informative.
[url=http://www.legacylegal.co m/credit-education/credit-topi cs/utah-credit-repair.asp]Utah Credit Repair[/url]

Tell me when this thread is updated:

Subscribe Now Add to my Tracker
First Prev
of 2
Next Last

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Personal Finance Discussions

Title Updated Last By Comments
News Newt Gingrich's Freddie Mac Fees: Received At L... (Nov '11) Jun 20 Merchant of Alzhe... 53
News Let's help seniors, disabled (Mar '15) Jun 18 Anonymous 4
News Diaper-changing discrepancy prompts Columbus Co... Jun 16 Franklin County 24
News Thanks to Trumpa s vague order, LGBT activists ... Jun 13 The Stealth 10
News Puerto Rico mulls political status in new refer... Jun 12 JusticeNotServed 8
News Canada's new housing risk: uninsured mortgages Jun 12 twist 1
News Family takes possession of Habitat a soy housea (May '10) Jun 12 why not beside Ci... 3
More from around the web