US$700 Billion bailout not enough?

[lifeafter41]

Just saw that AIG will require US$150 billion instead of the US$85 billin earlier, that is almost 22% of the bailout package. What about the numerous other bank such as Goldman, Citi and other regional banks in the US. Now we are even seeing the automakers in the US, Detroit Big 3, asking for bailout, will it be enough (US$700 billion) to go around.

A case of Money not enough 3.......

 

[halsey02]

Just saw that AIG will require US$150 billion instead of the US$85 billin earlier, that is almost 22% of the bailout package. What about the numerous other bank such as Goldman, Citi and other regional banks in the US. Now we are even seeing the automakers in the US, Detroit Big 3, asking for bailout, will it be enough (US$700 billion) to go around.

A case of Money not enough 3.......

It is a season to be giving, tra lah lah lah lah..lah lah lah lah!...we have already given (CPF) tra lah lah lah, lah lah lah!

Just print 'greenbacks' by the truckloads...that will balance it up!

 

[theblackhole]

told u so! it's bottomless. USD is going to collapse....so u know what to do ..do it fast!!!!!

 

[johnny333]

Where is LKY?

Time to pony up & maintain the title of lender of first resort.

 

[ahleebabasingaporethief]

Just saw that AIG will require US$150 billion instead of the US$85 billin earlier, that is almost 22% of the bailout package. What about the numerous other bank such as Goldman, Citi and other regional banks in the US. Now we are even seeing the automakers in the US, Detroit Big 3, asking for bailout, will it be enough (US$700 billion) to go around.

A case of Money not enough 3.......

ITS A BOTTOMLESS PIT. MAKE NO MISTAKE OF THIS. I WILL EXPLAIN.

I have spoken to many top financial people and academics both here and overseas and most have this to say.

ALL COUNTRIES IN THE WORLD ARE IN TROUBLE. NOT ONE SINGLE COUNTRY WILL BE SPARED.

The current slew of so called bail out /stimulas / hot air news/ are just that. Hot Air. Why?

THE FOLLOWING IS IMPORTANT FOR ALL TO REMEMBER!!

When a country anoounces rate cut, stimulas packages, etc etc....stock markets jump. Right? Wrong. The big boys use these "rallies" to unload and sell big time. Otherwise, they will be losing more.

Also, its always about trying to get the population (small boys/suckers) to carry the baby. that's the name of the game.

WHAT IS FRIGHTENING IS THAT IT IS NOW A CONCERTED EFFORT BY ALL GARMENTS. SO JSUT STAY OUT AND HOLD ON TO YOUR CASH.

LIKE THE CEO OF SOME PROPERTY COMPANY SAID RECENTLY. "IF YOU THINK ITS CHEAP TODAY, IT WILL BE CHEAPER TOMORROW, AND 2-3 YEARS AHEAD.

SO IT BECOMES CHEAPERER AND CHEAPERER.

Don't get conned. Dont be naive!

 

[pia]

We are only hearing the big names e.g. AIG,GM in the news. Small banks are dropping like flies in the US. Anyone heard of Franklin Bank?

 

[lifeafter41]

We are only hearing the big names e.g. AIG,GM in the news. Small banks are dropping like flies in the US. Anyone heard of Franklin Bank?

As it is, with GM share closing below US$4, a six decade low. I would not be surprised if GM filed for bankruptcy before end of the year. The repurcussion would be big if that were to happened. Millions of jobs would be lost, not only just the bule collar workers.

The Government bailout may come, as the saying goes, too little, too late.

 

[johnny333]

The Government bailout may come, as the saying goes, too little, too late.

The tai chi masters in Spore must be worried, they've lowered some ERP rates

 

[Bigfuck]

Just saw that AIG will require US$150 billion instead of the US$85 billin earlier, that is almost 22% of the bailout package. What about the numerous other bank such as Goldman, Citi and other regional banks in the US. Now we are even seeing the automakers in the US, Detroit Big 3, asking for bailout, will it be enough (US$700 billion) to go around.

A case of Money not enough 3.......

You guys wanna how big the problem could become, a shit that no dishonest government wanna talk about? Look at the BIS report below.
700 billion is nothing compared to 596 trillion of derivatives and 70 over trillion in the trash can that could potentially bust. This is the estimated shit that no one in the powers wants you to see.
http://www.bis.org/publ/qtrpdf/r_qa0809.pdf