rtc

Dead Bank Walking - On the Brink of Insolvency

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The New York Times is reporting Large Banks on the Edge of Insolvency

Indeed we on The Economic Populist went through many calls on alternative bail out plans and even a history of past crises, what worked and what did not.

Economist Roubini has been screaming from the hill tops on nationalizing the banks and now other economists are chiming in.

$800 Billion Additional Dollars - RTC 2.0 - Shock and Awe

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The original title just 24 hours ago was below. Now this price tag is $800 billion dollars.

$500 Billion Additional Dollars - RTC 2.0 - Shock and Awe

Bloomberg has well basically no details except they are negotiating that some of that money should go to the taxpayer. The taxpayer, just some???? We're paying for it assholes therefore it's ALL ours!

Negotiate? Unbelievable. This is in addition to the $900 billion dollars of the other bail out tally.