View Poll Results: Who will be the next to fall?
Goldman
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Voters: 41. You may not vote on this poll
Who's next?
09-16-2008, 06:12 PM
#14
Registered User
i'm not sure how i feel about the fed, using all of our money as taxpayers, to selectively bailing out certain firms they believe to be too interconnected to fail w/o causing disastrous consequences. perhaps in hindsight we'll see that as what prevented the second depression. or perhaps it will just be temporarily delaying the inevitable for another administration to deal with. as it is, fannie and freddie are really just in a holding pattern until the next admin decides what to do with them.
09-16-2008, 08:59 PM
#16
Registered User
WaMu looks like the smart choice after today and tonight's announcements. Place your bets! http://www.intrade.com
09-16-2008, 09:14 PM
#17
Administrator
Thread Starter
Originally Posted by sahtt,Sep 16 2008, 06:04 PM
AIG and WM, among others, are already bankrupt if you use the common definition.
AIG however, will only fail if the fed has no other options, which I don't think is yet the case. If AIG is rescued, that safety net will be reduced substantially. I like your choices though.
By the way, goldman had a great quarter.
AIG however, will only fail if the fed has no other options, which I don't think is yet the case. If AIG is rescued, that safety net will be reduced substantially. I like your choices though.
By the way, goldman had a great quarter.
09-16-2008, 09:59 PM
#19
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Originally Posted by cthree,Sep 16 2008, 09:14 PM
Saying Goldman had a good quarter is like saying that having HIV is better than AIDS.
