lquadland10 (< 20)

Tarp.

January 30, 2012 – Comments (0) | RELATED TICKERS: GS , AUY , SLV

The in your face back door bailout again. What else is new?   From banks

http://prospect.org/article/are-fannie-mae-and-freddie-mac-tarp-another-name

At a hearing last fall, U.S. Treasury Secretary Timothy Geithner told lawmakers that he and his team were working to put the $700 billion financial bailout fund "out of its misery."

Read more: Kucinich: No Cap for Fannie, Freddie is Backdoor Bailout 

 http://www.nakedcapitalism.com/2012/01/gao-goes-after-administration-tarp-made-money-claim.html  http://money.cnn.com/2012/01/24/news/economy/bank_ceo_pay/index.htm
 Now why should I trust Obama Timothy Geithner Romey Grinrich or Santorum. After all most of these people were the one behind getting rid of glass stegall. Nope...........  At a hearing last fall, U.S. Treasury Secretary Timothy Geithner told lawmakers that he and his team were working to put the $700 billion financial bailout fund "out of its misery."Well........ well well well not retired. Nope going to be used to bail out poor homeowners. I say we just change the laws to the housing laws.Ops,. that would really upset the Apple Cart. Seams China requires a 60% downpayment for a house. Guess whete Old Geithner and buddies decided to use the tarp now? Oh you got it. Fannie and Freddie. http://www.businessweek.com/news/2012-01-30/obama-administration-expands-aid-for-delinquent-u-s-homeowners.html

Have fun.