Comments on: What Is The Real Reason For The $700 Billion Bailout? http://www.biggerpockets.com/renewsblog/2008/10/11/what-is-the-real-reason-for-the-700-billion-bailout/ Learn, Network, Invest Mon, 23 Nov 2009 15:55:06 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: kudzufire http://www.biggerpockets.com/renewsblog/2008/10/11/what-is-the-real-reason-for-the-700-billion-bailout/comment-page-1/#comment-60599 kudzufire Sun, 12 Oct 2008 15:22:28 +0000 http://www.biggerpockets.com/renewsblog/?p=1789#comment-60599 I used to think it was the bigger fool theory or maybe that someone took our seat in musical chairs. Now I think that the whole world is a telethon for billionaires. I used to think it was the bigger fool theory or maybe that someone took our seat in musical chairs. Now I think that the whole world is a telethon for billionaires.

]]> By: PayperHeadExpert http://www.biggerpockets.com/renewsblog/2008/10/11/what-is-the-real-reason-for-the-700-billion-bailout/comment-page-1/#comment-60585 PayperHeadExpert Sat, 11 Oct 2008 20:56:52 +0000 http://www.biggerpockets.com/renewsblog/?p=1789#comment-60585 Another thing to add to your theory. Paulson was the CEO of Golman Sachs. They are getting a good share of those $600 billion. Cramer also supports the bill... Cramer also worked for Goldman... and then, the best stock picker in the US, chooses to invest in Goldman. Since you can't fight it, might as well join in, I think I'm going to be buying some Goldman stocks at $88... we'll see how I do. Another thing to add to your theory.
Paulson was the CEO of Golman Sachs. They are getting a good share of those $600 billion.

Cramer also supports the bill… Cramer also worked for Goldman…

and then, the best stock picker in the US, chooses to invest in Goldman.

Since you can’t fight it, might as well join in, I think I’m going to be buying some Goldman stocks at $88… we’ll see how I do.

]]> By: Curtis Reddehase http://www.biggerpockets.com/renewsblog/2008/10/11/what-is-the-real-reason-for-the-700-billion-bailout/comment-page-1/#comment-60583 Curtis Reddehase Sat, 11 Oct 2008 20:30:51 +0000 http://www.biggerpockets.com/renewsblog/?p=1789#comment-60583 Ouch! Your hypothesis looks like a real potential outcoome and reason the for the events. It owuld not surprise me on bit that this administration would pull something like that on the way out. Ouch! Your hypothesis looks like a real potential outcoome and reason the for the events. It owuld not surprise me on bit that this administration would pull something like that on the way out.

]]> By: Rob http://www.biggerpockets.com/renewsblog/2008/10/11/what-is-the-real-reason-for-the-700-billion-bailout/comment-page-1/#comment-60578 Rob Sat, 11 Oct 2008 16:45:46 +0000 http://www.biggerpockets.com/renewsblog/?p=1789#comment-60578 If you were them, one of the Big Three, why would you lend to a small regional bank when withholding the loan will most likely make the bank a takeover opportunity for you at pennies on the dollar once the FDIC closes them down due to (because they couldn’t raise the capital) failure to meet reserve requirements? If you were them, one of the Big Three, why would you lend to a small regional bank when withholding the loan will most likely make the bank a takeover opportunity for you at pennies on the dollar once the FDIC closes them down due to (because they couldn’t raise the capital) failure to meet reserve requirements?

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