Personal Development for Smart People Forums

Personal Development for Smart PeopleTM Forums

Go Back   Personal Development for Smart People Forums > Personal Development > Business & Financial
Fannie and Freddie Bailout - Jim Rogers Fannie and Freddie Bailout - Jim Rogers
Register FAQ Members List Calendar Search Today's Posts Mark Forums Read

Business & Financial Career, work, money, income generation, personal finance, investing, debt, wealth, abundance, entrepreneurship, sales, marketing, SEO, commerce, economics, blogging, podcasting


Welcome to the Personal Development for Smart People Forums, the place for lively, intelligent discussion of all personal growth issues -- physical, mental, financial, social, emotional, spiritual, and more.

You're currently viewing as a guest, which gives you limited read-only access. By joining our free community, you'll be able to post your own messages, access many members-only features, see the new messages posted since your last visit, and of course remove this header message. Registration is fast, simple, and free, so please join today.

If you arrived here from a search engine, you may want to explore the main site first, which includes hundreds of deep and insightful articles on a variety of personal development topics.
Reply
 
Thread Tools Display Modes
  #1 (permalink)  
Old 07-16-2008, 08:43 PM
Moderator
  
Join Date: Oct 2006
Location: San Rafael, CA
Posts: 3,703
Dan.Linehan is on a distinguished road
Default Fannie and Freddie Bailout - Jim Rogers
Bailouts are welfare for the rich. Fannie and Freddie are now "admittedly" insolvent and will go bankrupt. Nice opinion piece on this from Jim Rogers.

Jim Rogers : Let the Fannie and Freddie go bancrupt


Quote:
I'd like to know why the people at Fannie Mae aren't in jail right now? And the people at Freddy Mac aren't in jail?
__________________

Best,
Dan Linehan
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #2 (permalink)  
Old 07-16-2008, 09:02 PM
Moderator
  
Join Date: Oct 2006
Location: San Rafael, CA
Posts: 3,703
Dan.Linehan is on a distinguished road
Default
Freddie Mac CEO Dick Syron's $18.3m paycheck went up 25% last year - even as the company went from a $2.3bn profit in '06 to a $3bn loss in '07.

Fannie and Freddie and the Lie of ‘Free Enterprise’
__________________

Best,
Dan Linehan
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #3 (permalink)  
Old 07-18-2008, 09:45 PM
Moderator
  
Join Date: Oct 2006
Location: San Rafael, CA
Posts: 3,703
Dan.Linehan is on a distinguished road
Default
They also spend $170 Million on lobbyists.
__________________

Best,
Dan Linehan
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #4 (permalink)  
Old 07-19-2008, 01:52 PM
Senior Member
  
Join Date: Jan 2007
Location: UK
Posts: 257
beautyscientist is on a distinguished road
Send a message via MSN to beautyscientist
Default
That is the way it is with banks. If they go bust we all suffer. If they get bailed out we all pay.

Time for a bout of stiff regulation I think.
__________________
A student of the science of beauty. www.colinsbeautypages.co.uk
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Reply

« Previous Thread | Next Thread »

Thread Tools
Display Modes
Linear Mode Linear Mode

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


All times are GMT. The time now is 12:02 AM.

Contact Us - Personal Development for Smart People - Archive - Privacy Statement - Top

Powered by vBulletin® Version 3.6.8
Copyright ©2000 - 2008, Jelsoft Enterprises Ltd.
Search Engine Optimization by vBSEO 3.1.0
Copyright © 2008 by Pavlina LLC