The fed cannot force BofA to make money. We took money because we felt we could use it. BofA required additional funds in order to support the purchase of Merrill, because Merrill's books did not meet our expectations. And we're slashing our dividend anyway. And have you seen our share price lately? Might as well hang onto your shares at this point, unless you're planning to use that money for a light dinner at Taco Bell.
along the same lines they force you to pay your taxes...intimidation
How much intimidation is required to force someone to take a $45B handout? I could use a little intimidation over here, quite frankly.
The fed cannot force BofA to make money. We took money because we felt we could use it. BofA required additional funds in order to support the purchase of Merrill, because Merrill's books did not meet our expectations. And we're slashing our dividend anyway. And have you seen our share price lately? Might as well hang onto your shares at this point, unless you're planning to use that money for a light dinner at Taco Bell.
along the same lines they force you to pay your taxes...intimidation
How much intimidation is required to force someone to take a $45B handout? I could use a little intimidation over here, quite frankly.
When the gov't would become your largest shareholder...I would not to do that deal.
Never heard the Bush story. I went to the Dr. three times before I finally got my appointment time right, so I'm not going to fault anyone older than me for something as silly as this.
Ok, I just have one question for you all today. Where the hell does Eric Holder get off calling us all cowards? Seriously, in his little bubble of people he deals with how does he honestly know who other people socialize with in their private life? Yes, racism does still exist, but how can he stand there in front of a nation that just elected the first black President, and call us a "nation of cowards." He says we can't talk cadidly about race issues... You want candid Mr. Holder? You're a moron! How is that for candid? People like Eric Holder making comments like he did are a major part of the problem with race relations in this country. I'm as white as it gets, half german, half irish... but I don't dislike ANYONE because of the color of their skin. I dislike EVERYONE regardless of their pigmentation!
I think people are getting sick of bailouts stacked on top of bailouts, and they're worried that we're spending ourselves into a giant hole. It's a bit unfair to measure his performance against the stock market after such a short period of time. I think he's taking the right approach on a lot of issues and trying to bring all sides to the table to discuss a solution. I think the market will be in tremendous turmoil for many years to come, with large up and down swings as we attempt to recover. Right now, we're in the midst of negative speculation that is driving the market to an unbelievable low. This is basically the reverse of the speculation that shot oil prices through the roof. Once people have lined their pockets on the downswing, they'll look to inflate their earnings on the upswing. And then it will crash again. It's not good.
I posted that same link to the bloomberg story in my first post on here today and it is sad and it is very true. Just look at what is happening today. President Obama spoke about how he was going to stop the job-loss cycle that is going on right now after the unemployment numbers show the largest drop in job for a month in the last 90 years and last I checked the Dow was down over 70 pts. I actually heard an idiot say the other day that he doesn't care about the stock market and how much it falls because that is not what drives the economy... Well how about the thousands of people out there watching their retirement go sliding down the crapper? Oh, and who was it that made that statement? How about Mr. Emanuel when speaking to President Obama in the White House...
Depends on how nice the natural ones were before the fake ones. In my part of town, almost half the breasts are fake anyway. This gives my wife a huge inferiority complex... of course, our teenage babysitters give my wife an inferiority complex. She wants enhancement. I said I'm all for it.
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