Comments on: Banks Want to Buy Their Own Assets With Taxpayer Money http://www.onemint.com/2009/05/27/banks-want-to-buy-their-own-assets-with-taxpayer-money/ Helps You Make Better Financial Decisions Sat, 11 Feb 2012 17:32:04 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Mikael @ Retire Early http://www.onemint.com/2009/05/27/banks-want-to-buy-their-own-assets-with-taxpayer-money/comment-page-1/#comment-20663 Mikael @ Retire Early Mon, 01 Jun 2009 16:59:34 +0000 http://www.onemint.com/?p=1833#comment-20663 Manshu, I agree that we might not be able to do anything in this particular case but since I guess we can agree that bank as not just "all good" (which goes for pension funds etc. as well) then we'll HAVE to ask ourselves the question "what can we do?". Without asking the question and doing some research we silently accept the way that things are and I personally don't like that philosophy. ;) Manshu, I agree that we might not be able to do anything in this particular case but since I guess we can agree that bank as not just “all good” (which goes for pension funds etc. as well) then we’ll HAVE to ask ourselves the question “what can we do?”.

Without asking the question and doing some research we silently accept the way that things are and I personally don’t like that philosophy. ;)

]]> By: manshuv http://www.onemint.com/2009/05/27/banks-want-to-buy-their-own-assets-with-taxpayer-money/comment-page-1/#comment-20662 manshuv Mon, 01 Jun 2009 16:50:07 +0000 http://www.onemint.com/?p=1833#comment-20662 @Dividend Tree: At least in this case, the proposal was turned down, but one bank can still buy the assets of another bank, which is a way of doing the same thing but not so blatant. @Mikael: I am not sure if people are directly impacted by this in a manner that they can avoid. I guess they could protect themselves by not buying some of these bank stocks, but other than that I don't know if they could directly do anything. @Dividend Tree: At least in this case, the proposal was turned down, but one bank can still buy the assets of another bank, which is a way of doing the same thing but not so blatant.

@Mikael: I am not sure if people are directly impacted by this in a manner that they can avoid. I guess they could protect themselves by not buying some of these bank stocks, but other than that I don’t know if they could directly do anything.

]]> By: Mikael @ Retire Early http://www.onemint.com/2009/05/27/banks-want-to-buy-their-own-assets-with-taxpayer-money/comment-page-1/#comment-20628 Mikael @ Retire Early Mon, 01 Jun 2009 04:56:16 +0000 http://www.onemint.com/?p=1833#comment-20628 So the great question to ask is: "what are we personally doing to protect ourselves?" Any comments? So the great question to ask is: “what are we personally doing to protect ourselves?”

Any comments?

]]> By: Dividend Tree http://www.onemint.com/2009/05/27/banks-want-to-buy-their-own-assets-with-taxpayer-money/comment-page-1/#comment-20622 Dividend Tree Mon, 01 Jun 2009 02:55:11 +0000 http://www.onemint.com/?p=1833#comment-20622 Under the disguise of "systemic risk", these banking folks are doing whatever they can. There is no accountability left. In the end, whatever these folks do, it is just not sustainable. Under the disguise of “systemic risk”, these banking folks are doing whatever they can. There is no accountability left. In the end, whatever these folks do, it is just not sustainable.

]]> By: Mikael @ Retire Early http://www.onemint.com/2009/05/27/banks-want-to-buy-their-own-assets-with-taxpayer-money/comment-page-1/#comment-20392 Mikael @ Retire Early Thu, 28 May 2009 21:18:02 +0000 http://www.onemint.com/?p=1833#comment-20392 Why is that surprising? They have been doing things like that for years (probably). We just didn't know about it. Why is that surprising? They have been doing things like that for years (probably). We just didn’t know about it.

]]> By: Manshu http://www.onemint.com/2009/05/27/banks-want-to-buy-their-own-assets-with-taxpayer-money/comment-page-1/#comment-20387 Manshu Thu, 28 May 2009 21:00:14 +0000 http://www.onemint.com/?p=1833#comment-20387 What surprises me is that this was done without trying to hide it or anything. They just went ahead and asked for it. What surprises me is that this was done without trying to hide it or anything. They just went ahead and asked for it.

]]> By: Mikael @ Retire Early http://www.onemint.com/2009/05/27/banks-want-to-buy-their-own-assets-with-taxpayer-money/comment-page-1/#comment-20349 Mikael @ Retire Early Thu, 28 May 2009 06:15:25 +0000 http://www.onemint.com/?p=1833#comment-20349 It is amazing right? We have gotten used to banks being "the good guys" for years and years and now we're finally starting to see their real faces.... It is scary to know but it is even worse to NOT know. It is amazing right? We have gotten used to banks being “the good guys” for years and years and now we’re finally starting to see their real faces…. It is scary to know but it is even worse to NOT know.

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