Momma, let your babies grow up be executive management

Okay, for the last time, because you clearly do not get it.

Freddie repays their TARP. But it contributes to larger losses for Freddie. Which the taxpayer is the bagholder for. YAY TARP!

 

Bottom line: TARP worked.

Things are trending in the right direction. Good for Bush and good for America.

 

There's little doubt at this point that quick governmental intervention staved off what could have become a far worse catastrophe. Keep in mind, too, that the people who pushed the intervention were all free-market believers in pin-striped suits. They blinked. And I'm happy that they had the political courage to blink -- to understand history -- and do the right thing for the world economy.

 

Wamu execs, and their spouses, being sued by FDIC

http://consumerist.com/2011/03/fdic-sues-former-wamu-execs-their-wives-over-risky-loans.html

 

This would take some doing, but is it possible that everyone with a 401K could commit to take it and identify slime companies like these, pull their shares from those companies and put them in others? I know some mutuals are grouped but some also have some designate options, for lack of a better phrase to describe it. If enough mutual fund investments were yanked, these parasites would cut loose and begin scrambling. Maybe I'm dreaming, but what a dream.