About those "stress" tests

May 08, 2009 22:05

You may have noticed something unusual about those "stress" tests the government ran on the top financial institutions ( Read more... )

national socialism, obama administration, banking

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Comments 7

izuko May 9 2009, 02:24:55 UTC
I wonder what would happen if, say, Wells Fargo just told the feds, "Here's you're money, take it or leave it." I mean, other than me immediately going out and opening a Wells Fargo account.

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reality_hammer May 9 2009, 04:32:40 UTC
Obama will make the same "offer you can't refuse" to the WF CEO that he made to Rick Wagoner.

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kc_anathema May 9 2009, 03:27:56 UTC
There'll be no difference between your banking now except that the government will have your pin number.

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m_fallenangel May 9 2009, 13:53:36 UTC
"Creeping"?

It's creeping at about the same rate that water crept into the Lower Ninth Ward.

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psychomatt May 9 2009, 14:35:35 UTC
I had a problem with that same word. I was just going to replace it with "steamrolling" though. ;-)

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allykatt May 9 2009, 19:16:50 UTC
buy gold, and keep it in midas mulligan's bank.
see you in the gulch...

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reality_hammer May 9 2009, 21:50:28 UTC
I converted about 80% of my investments to gold in early 2008. :)

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