Faber now reporting a bridge loan for AIG.

And here everyone thought that Bush was big on CAPITALISM.

 

Right, let's not forget the Auto Industry. I believe they are requesting 25B.

 

dont forget the mergers and acquisitions industry. paulson brought washington to one to a new level on that one

 

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Looks like the USA has been following in the foot steps of Venezula President.
I don't see much difference between Venezula, Cuba, Russia

They should start calling it the USA exchange

w

 

Bridge loan = shares will dilute

 

wait till US market drops 17%/day (likely soon), then it will really be like Russia.

 

One has to question the wisdom of a business model that effectively holds a firm's survival hostage to a few 30something analysts at clueless, mediocre rating agencies who had Fannie & Freddie at AAA all the way to 50 cents a share.

Have none of these CEOs heard of long-term financing?

 

Bloomberg update:

http://www.bloomberg.com/apps/news?pid=20601087&sid=aNxXWHznfowY&refer=home

 

Putin thought the markets go up if you invade another country like in 2003!

 

lets not forget ....it is option expiry week

w