Parsad Posted June 12, 2009 Share Posted June 12, 2009 We'll see what happens long-term, but so far so good for some of the taxpayer bailouts. Cheers! http://www.bloomberg.com/apps/news?pid=20601087&sid=apay4rDTGMTw Link to comment Share on other sites More sharing options...
Packer16 Posted June 12, 2009 Share Posted June 12, 2009 What about AIG, Freddie and Fannie? Only counting your winners is somewhat biased. Packer Link to comment Share on other sites More sharing options...
ragnarisapirate Posted June 13, 2009 Share Posted June 13, 2009 We'll see what happens long-term, but so far so good for some of the taxpayer bailouts. Cheers! http://www.bloomberg.com/apps/news?pid=20601087&sid=apay4rDTGMTw While it may be looking like a good thing thus far, what are the political repercussions in the future? By this I mean, do we really want the government to invest in the markets? Any successes that they have (despite the fact that they did so out of 'necessity'), may send the wrong message to the paper pushers in power. If this works out, the government might feel that it should start choosing winners and losers, instead of leaving that up to the millions of investors out there... Heck, what if the government starts openly investing on margin? I say openly, because, any investment they make now, involves the issuance of some debt (after all, we in the US are trying our best to hit a 2 TRILLION dollar deficit this year!) Sorry for getting political, but I couldn't resist. Link to comment Share on other sites More sharing options...
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