BS: The Real Bailout Scandal

Subject: BS: The Real Bailout Scandal
From: Peter T.
Date: 22 Mar 09 - 12:07 PM

Eliot Spitzer (he who was on the trail of the financial mess before he got caught with his pants down) has a devastating column today on the interesting possibility that the whole AIG bailout was simply panic, and that at least a huge chunk of it was unnecessary:

http://www.slate.com/id/2214407/

It is intriguing that this, among other pieces, is beginning to assault the whole sweet world of the hopelessly corrupt government-business mutual assistance society.   It is certainly edging towards crippling the rescue effort (which may not necessarily be a good thing overall).

yours,

Peter T.

Subject: RE: BS: The Real Bailout Scandal
From: Janie
Date: 22 Mar 09 - 12:28 PM

Here's a clicky.

http://www.slate.com/id/2214407/

Subject: RE: BS: The Real Bailout Scandal
From: number 6
Date: 22 Mar 09 - 12:48 PM

Eliot Spitzer ... now here is a guy who should know about real scandals ... I dunno, I don't know what the hell is going on anymore.

biLL

Subject: RE: BS: The Real Bailout Scandal
From: bald headed step child
Date: 22 Mar 09 - 01:22 PM

Interesting articles, Peter.

Spitzer had been having his "events" with the hookers for years, but it never seemed to bother anyone until he began investigating Wall street.

We know there is a lot more to the story than what they are telling us, and it's quite common for them to exploit personal indiscretions to discredit anyone who might find out the truth.

I didn't think at the time that Spitzer should have resigned, but I wonder what the next scandal would have been. Was there something worse that he didn't want made public?

Little pieces here and there lead me to believe the big story is going to be beyond belief when all is revealed, if we ever find out what is really going on.

BHSC

Subject: RE: BS: The Real Bailout Scandal
From: number 6
Date: 22 Mar 09 - 02:28 PM

"but it never seemed to bother anyone until he began investigating Wall street."

I can't help but agree with that one baldie.

All I can say is the faith in the government (Obama's court and whomever) and big corporate America, has been tarnished considerably. Things will never be the same.

biLL

Subject: RE: BS: The Real Bailout Scandal
From: Greg F.
Date: 22 Mar 09 - 06:30 PM

Why anyone gives a crap what folks do with their dicks is beyond me.

Surely there's a bigger picture-

Subject: RE: BS: The Real Bailout Scandal
From: Rapparee
Date: 22 Mar 09 - 07:51 PM

I'd druther he was stimulatin' the economy by paying hookers (with his own money) than rippin' off people's pension funds....

Subject: RE: BS: The Real Bailout Scandal
From: Amos
Date: 26 May 09 - 03:23 PM

Bailouts to date:

AIG (Details)
Received other federal aid. See details.         Insurance Company         N.Y.         $69.8 billion

Bank of America (Details)
Received other federal aid. See details.         Bank (Public)         N.C.         $52.5 billion

Freddie Mac (Details)         Financial Services Company         Va.         $50.7 billion

Citigroup (Details)
Received other federal aid. See details.         Bank (Public)         N.Y.         $50 billion

Fannie Mae (Details)         Financial Services Company         D.C.         $34.2 billion

JPMorgan Chase (Details)         Bank (Public)         N.Y.         $25 billion

Wells Fargo (Details)         Bank (Public)         Calif.         $25 billion

General Motors (Details)         Auto Company         Mich.         $20.3 billion

Chrysler (Details)         Auto Company         Mich.         $13.3 billion

GMAC (Details)         Financial Services Company         Mich.         $12.5 billion

Goldman Sachs (Details)         Bank (Public)         N.Y.         $10 billion

Morgan Stanley (Details)         Bank (Public)         N.Y.         $10 billion

PNC Financial Services (Details)         Bank (Public)         Pa.         $7.6 billion

U.S. Bancorp (Details)         Bank (Public)         Minn.         $6.6 billion

SunTrust (Details)         Bank (Public)         Ga.         $4.9 billion

Capital One Financial Corp. (Details)         Bank (Public)         Va.         $3.6 billion

Chase Home Finance (Details)         Mortgage Servicer         N.J.         $3.6 billion

Regions Financial Corp. (Details)         Bank (Public)         Ala.         $3.5 billion

GM Supplier Receivables, LLC (Details)         Auto Company (Parts Supplier)                 $3.5 billion

Fifth Third Bancorp (Details)         Bank (Public)         Ohio         $3.4 billion

Hartford Financial Services (Details)         Insurance Company         Conn.         $3.4 billion

American Express (Details)         Financial Services Company         N.Y.         $3.4 billion
BB&T (Details)         Bank (Public)         N.C.         $3.1 billion

Bank of New York Mellon (Details)         Bank (Public)         N.Y.         $3 billion

Wells Fargo Bank, NA (Details)         Mortgage Servicer         Iowa         $2.9 billion

KeyCorp (Details)         Bank (Public)         Ohio         $2.5 billion

Lincoln National Corporation (Details)         Insurance Company         Pa.         $2.5 billion

CIT Group (Details)         Bank (Public)         N.Y.         $2.3 billion

Comerica Incorporated (Details)         Bank (Public)         Texas         $2.3 billion

CitiMortgage (Details)         Mortgage Servicer         Mo.         $2.1 billion

State Street (Details)         Bank (Public)         Mass.         $2 billion

Principal Financial Group (Details)         Insurance Company         Iowa         $2 billion

Countrywide Home Loan Servicing (Details)         Mortgage Servicer         Calif.         $1.9 billion

Marshall & Ilsley (Details)         Bank (Public)         Wis.         $1.7 billion

Northern Trust (Details)         Bank (Public)         Ill.         $1.6 billion

Chrysler Receivables SPV LLC (Details)         Auto Company (Parts Supplier)                 $1.5 billion

Chrysler Financial Services (Details)         Financial Services Company         Mich.         $1.5 billion

Zions Bancorp (Details)         Bank (Public)         Utah         $1.4 billion

Huntington Bancshares (Details)         Bank (Public)         Ohio         $1.4 billion

Discover Financial Services (Details)         Financial Services Company         Ill.         $1.2 billion

Synovus Financial Corp. (Details)         Bank (Public)         Ga.         $967.9 million

Popular, Inc. (Details)         Bank (Public)         Puerto Rico         $935 million

First Horizon National (Details)         Bank (Public)         Tenn.         $866.5 million

Bank of America, NA (Details)         Mortgage Servicer         Calif.         $798.9 million

Aurora Loan Services (Details)         Mortgage Servicer         Colo.         $798 million

Ocwen Financial Corporation (Details)         Mortgage Servicer         Fla.         $659 million

GMAC Mortgage (Details)         Mortgage Servicer         Pa.         $633 million

M&T Bank Corporation (Details)         Bank (Public)         N.Y.         $600 million

Associated Banc-Corp (Details)         Bank (Public)         Wis.         $525 million

Saxon Mortgage Services (Details)         Mortgage Servicer         Texas         $407 million

City National (Details)         Bank (Public)         Calif.         $400 million

First BanCorp (Details)         Bank (Public)         Puerto Rico         $400 million

Webster Financial (Details)         Bank (Public)         Conn.         $400 million

Fulton Financial Corp (Details)         Bank (Public)         Pa.         $376.5 million

Select Portfolio Servicing (Details)         Mortgage Servicer         Utah         $376 million

Wilshire Credit Corporation (Details)         Mortgage Servicer         Ore.         $366 million

South Financial Group (Details)         Bank (Public)         S.C.         $347 million

Wilmington Trust Corporation (Details)         Bank (Public)         Del.         $330 million

Home Loan Services, Inc. (Details)         Mortgage Servicer         Pa.         $319 million

East West Bancorp, Inc. (Details)         Bank (Public)         Calif.         $306.5 million

Sterling Financial Corp (Details)         Bank (Public)         Wash.         $303 million

Citizens Republic Bancorp (Details)         Bank (Public)         Mich.         $300 million

Susquehanna Bancshares (Details)         Bank (Public)         Pa.         $300 million

Valley National (Details)         Bank (Public)         N.J.         $300 million

Whitney Holding Corp (Details)         Bank (Public)         La.         $300 million

UCBH Holdings (Details)         Bank (Public)         Calif.         $298.7 million

First Banks, Inc. (Details)         Bank (Private)         Mo.         $295.4 million

New York Private Bank & Trust Corp (Details)         Bank (Private)         N.Y.         $267.3 million

Flagstar Bancorp (Details)         Bank (Public)         Mich.         $266.7 million

Cathay General Bancorp (Details)         Bank (Public)         Calif.         $258 million

Wintrust Financial Corp (Details)         Bank (Public)         Ill.         $250 million

PrivateBancorp (Details)         Bank (Public)         Ill.         $243.8 million

SVB Financial Group (Details)         Bank (Public)         Calif.         $235 million

International Bancshares Corporation (Details)         Bank (Public)         Texas         $216 million

Trustmark Corp (Details)         Bank (Public)         Miss.         $215 million

Umpqua (Details)         Bank (Public)         Ore.         $214.2 million

Washington Federal Inc. (Details)         Bank (Public)         Wash.         $200 million

MB Financial (Details)         Bank (Public)         Ill.         $196 million

Carrington Mortgage Services (Details)         Mortgage Servicer         Calif.         $195 million

First Midwest Bancorp (Details)         Bank (Public)         Ill.         $193 million

First Niagara (Details)         Bank (Public)         N.Y.         $184 million

Pacific Capital Bancorp (Details)         Bank (Public)         Calif.         $180.6 million

United Community Banks (Details)         Bank (Public)         Ga.         $180 million

Green Tree Servicing (Details)         Mortgage Servicer         Minn.         $156 million

Boston Private Financial Holdings (Details)         Bank (Public)         Mass.         $154 million

Provident Bankshares Corp. (Details)         Bank (Public)         Md.         $151.5 million

National Penn Bancshares (Details)         Bank (Public)         Pa.         $150 million

Dickinson Financial Corp II (Details)         Bank (Private)         Mo.         $146.1 million

Western Alliance Bancorporation (Details)         Bank (Public)         Nev.         $140 million

Central Pacific Financial Corp (Details)         Bank (Public)         Hawaii         $135 million

CVB Financial (Details)         Bank (Public)         Calif.         $130 million

Banner Corp (Details)         Bank (Public)         Wash.         $124 million

First Merchants Corp (Details)         Bank (Public)         Ind.         $116 million

1st Source Corp (Details)         Bank (Public)         Ind.         $111 million

Anchor BanCorp Wisconsin (Details)         Bank (Public)         Wis.         $110 million

WTB Financial Corp (Details)         Bank (Private)         Wash.         $110 million

S&T Bancorp (Details)         Bank (Public)         Pa.         $108.7 million

Taylor Capital (Details)         Bank (Public)         Ill.         $104.8 million

F.N.B. Corporation (Details)         Bank (Public)         Pa.         $100 million

First Busey Corporation (Details)         Bank (Public)         Ill.         $100 million

Park National Corporation (Details)         Bank (Public)         Ohio         $100 million

Pinnacle Financial (Details)         Bank (Public)         Tenn.         $95 million

Plains Capital Corp (Details)         Bank (Private)         Texas         $87.6 million

Midwest Banc Holdings (Details)         Bank (Public)         Ill.         $84.8 million

Westamerica Bancorporation (Details)         Bank (Public)         Calif.         $83.7 million

Integra Bank Corporation (Details)         Bank (Public)         Ind.         $83.6 million

Sandy Spring Bancorp (Details)         Bank (Public)         Md.         $83.1 million

Heartland Financial USA (Details)         Bank (Public)         Iowa         $81.7 million

Hampton Roads Bankshares (Details)         Bank (Public)         Va.         $80.3 million

First Financial Bancorp (Details)         Bank (Public)         Ohio         $80 million

Liberty Bancshares (Details)         Bank (Private)         Ark.         $79.4 million

Columbia Banking System (Details)         Bank (Public)         Wash.         $76.9 million

TowneBank (Details)         Bank (Public)         Va.         $76.5 million

Bank of the Ozarks (Details)         Bank (Public)         Ark.         $75 million

WesBanco (Details)         Bank (Public)         W.Va.         $75 million

Old Second Bancorp (Details)         Bank (Public)         Ill.         $73 million

First Place Financial Corp (Details)         Bank (Public)         Ohio         $72.9 million

Green Bankshares (Details)         Bank (Public)         Tenn.         $72.3 million

Independent Bank Corporation (Details)         Bank (Public)         Mich.         $72 million

Virginia Commerce Bancorp (Details)         Bank (Public)         Va.         $71 million

Alpine Banks of Colorado (Details)         Bank (Private)         Colo.         $70 million

Flushing Financial Corp (Details)         Bank (Public)         N.Y.         $70 million

Southwest Bancorp (Details)         Bank (Public)         Okla.         $70 million

Superior Bancorp (Details)         Bank (Public)         Ala.         $69 million

Nara Bancorp (Details)         Bank (Public)         Calif.         $67 million

First Bancorp (Details)         Bank (Public)         N.C.         $65 million

First Financial Holdings (Details)         Bank (Public)         S.C.         $65 million

CoBiz Financial (Details)         Bank (Public)         Colo.         $64.5 million

Wilshire Bancorp (Details)         Bank (Public)         Calif.         $62.2 million

Standard Bancshares (Details)         Bank (Private)         Ill.         $60 million

Lakeland Bancorp (Details)         Bank (Public)         N.J.         $59 million

Union Bankshares (Details)         Bank (Public)         Va.         $59 million

Great Southern Bancorp (Details)         Bank (Public)         Mo.         $58 million
MainSource Financial Group (Details)         Bank (Public)         Ind.         $57 million

Peoples Bancorp (Details)         Bank (Public)         Ohio         $57 million

Lakeland Financial Corporation (Details)         Bank (Public)         Ind.         $56 million

Center Financial Corp (Details)         Bank (Public)         Calif.         $55 million

WSFS Financial (Details)         Bank (Public)         Del.         $52.6 million

NewBridge Bancorp (Details)         Bank (Public)         N.C.         $52.4 million

Ameris Bancorp (Details)         Bank (Public)         Ga.         $52 million

FNB United Corp (Details)         Bank (Public)         N.C.         $51.5 million

BancTrust Financial Group (Details)         Bank (Public)         Ala.         $50 million

Home BancShares, Inc. (Details)         Bank (Public)         Ark.         $50 million

Seacoast Banking Corp (Details)         Bank (Public)         Fla.         $50 million

State Bankshares (Details)         Bank (Private)         N.D.         $50 million

Fidelity Southern Corp (Details)         Bank (Public)         Ga.         $48.2 million

BancPlus Corporation (Details)         Bank (Private)         Miss.         $48 million

The Bancorp (Details)         Bank (Public)         Del.         $45.2 million

MetroCorp Bancshares (Details)         Bank (Public)         Texas         $45 million

Cadence Financial Corp (Details)         Bank (Public)         Miss.         $44 million

Exchange Bank (Details)         Bank (Private)         Calif.         $43 million

Southern Community Financial (Details)         Bank (Public)         N.C.         $42.8 million

Sterling Bancorp (Details)         Bank (Public)         N.Y.         $42 million

First Community Bancshares (Details)         Bank (Public)         Va.         $41.5 million

PremierWest Bancorp (Details)         Bank (Public)         Ore.         $41.4 million

Capital Bank (Details)         Bank (Public)         N.C.         $41.3 million

Berkshire Hills Bancorp (Details)         Bank (Public)         Mass.         $40 million

Heritage Commerce Corp (Details)         Bank (Public)         Calif.         $40 million

Reliance Bancshares (Details)         Bank (Private)         Mo.         $40 million

Cascade Financial Corp (Details)         Bank (Public)         Wash.         $39 million

OceanFirst Financial Corp (Details)         Bank (Public)         N.J.         $38.3 million

QCR Holdings (Details)         Bank (Public)         Ill.         $38.2 million

Eagle Bancorp (Details)         Bank (Public)         Md.         $38.2 million

Bridgeview Bancorp (Details)         Bank (Private)         Ill.         $38 million

Financial Institutions (Details)         Bank (Public)         N.Y.         $37.5 million

First Defiance Financial Corp (Details)         Bank (Public)         Ohio         $37 million

TIB Financial Corp (Details)         Bank (Public)         Fla.         $37 million

State Bancorp (Details)         Bank (Public)         N.Y.         $36.8 million

Fidelity Financial Corp (Details)         Bank (Private)         Kan.         $36.3 million

West Bancorporation (Details)         Bank (Public)         Iowa         $36 million

Yadkin Valley Financial Corp (Details)         Bank (Public)         N.C.         $36 million

Trinity Capital Corporation (Details)         Bank (Private)         N.M.         $35.5
million

Marquette National Corp (Details)         Bank (Private)         Ill.         $35.5 million

Enterprise Financial Services Corp (Details)         Bank (Public)         Mo.         $35 million

Porter Bancorp (Details)         Bank (Public)         Ky.         $35 million

F&M Financial Corporation (Details)         Bank (Private)         N.C.         $34.2 million

Encore Bancshares (Details)         Bank (Public)         Texas         $34 million

The Bank of Kentucky (Details)         Bank (Public)         Ky.         $34 million

First Market Bank (Details)         Bank (Private)         Va.         $33.9 million

First Security Group (Details)         Bank (Public)         Tenn.         $33 million

Firstbank Corp (Details)         Bank (Public)         Mich.         $33 million

Centrue Financial (Details)         Bank (Public)         Mo.         $32.7 million

Pulaski Financial Corp (Details)         Bank (Public)         Mo.         $32.5 million

Central Bancorp (Details)         Bank (Public)         Mass.         $32.5 million

MutualFirst Financial (Details)         Bank (Public)         Ind.         $32.4 million

Parkvale Financial Corp (Details)         Bank (Public)         Pa.         $31.8 million

Bank of North Carolina (Details)         Bank (Public)         N.C.         $31.3 million

Royal Bancshares of Pennsylvania (Details)         Bank (Public)         Pa.         $30.4 million

Hawthorn Bancshares (Details)         Bank (Public)         Mo.         $30.3 million

Bancorp Rhode Island (Details)         Bank (Public)         R.I.         $30 million

Farmers Capital Bank Corp (Details)         Bank (Public)         Ky.         $30 million

First M&F Corp (Details)         Bank (Public)         Miss.         $30 million

First United Corp (Details)         Bank (Public)         Md.         $30 million

Spirit BankCorp (Details)         Bank (Private)         Okla.         $30 million

StellarOne Corp (Details)         Bank (Public)         Va.         $30 million

Tennessee Commerce Bancorp (Details)         Bank (Public)         Tenn.         $30 million

Peapack-Gladstone Financial (Details)         Bank (Public)         N.J.         $28.7 million

Colony Bankcorp (Details)         Bank (Public)         Ga.         $28 million

CenterState Banks of Florida, Inc. (Details)         Bank (Public)         Fla.         $27.9 million

Intermountain Community Bancorp (Details)         Bank (Public)         Idaho         $27 million

Citizens & Northern Corporation (Details)         Bank (Public)         Pa.         $26.4 million

Washington Banking Company (Details)         Bank (Public)         Wash.         $26.4 million

Patriot Bancshares (Details)         Bank (Private)         Texas         $26 million

HMN Financial (Details)         Bank (Public)         Minn.         $26 million

LNB Bancorp (Details)         Bank (Public)         Ohio         $25.2 million

Princeton National Bancorp (Details)         Bank (Public)         Ill.         $25.1 million

Peoples Bancorp of North Carolina (Details)         Bank (Public)         N.C.         $25.1 million

First California Financial Group (Details)         Bank (Public)         Calif.         $25 million

HF Financial Corp (Details)         Bank (Public)         S.D.         $25 million

Horizon Bancorp (Details)         Bank (Public)         Ind.         $25 million

Intervest Bancshares (Details)         Bank (Public)         N.Y.         $25 million

Rogers Bancshares (Details)         Bank (Private)         Ark.         $25 million

The First Bancorp (Details)         Bank (Public)         Maine         $25 million

VIST Financial Corp (Details)         Bank (Public)         Pa.         $25 million

Crescent Financial Corp (Details)         Bank (Public)         N.C.         $24.9 million

National Bancshares (Details)         Bank (Private)         Iowa         $24.7 million

CBS Banc-Corp (Details)         Bank (Private)         Ala.         $24.3 million

Community Trust Financial Corp (Details)         Bank (Private)         La.         $24 million

Eastern Virginia Bankshares (Details)         Bank (Public)         Va.         $24 million

Heritage Financial Corp (Details)         Bank (Public)         Wash.         $24 million

Bridge Capital Holdings (Details)         Bank (Public)         Calif.         $23.9 million

Severn Bancorp (Details)         Bank (Public)         Md.         $23.4 million

Park Bancorporation (Details)         Bank (Private)         Wis.         $23.2 million

First Citizens Banc Corp (Details)         Bank (Public)         Ohio         $23.2 million

TriState Capital Holdings (Details)         Bank (Private)         Pa.         $23 million

Central Community Corp (Details)         Bank (Private)         Texas         $22 million

Middleburg Financial Corp (Details)         Bank (Public)         Va.         $22 million

Wainwright Bank & Trust (Details)         Bank (Public)         Mass.         $22 million

Blue Valley Ban Corp (Details)         Bank (Public)         Kan.         $21.8 million

Indiana Community Bancorp (Details)         Bank (Public)         Ind.         $21.5 million

BancIndependent (Details)         Bank (Private)         Ala.         $21.1 million

AmeriServ Financial (Details)         Bank (Public)         Pa.         $21 million

Heritage Oaks Bancorp (Details)         Bank (Public)         Calif.         $21 million
Mercantile Bank Corporation (Details)         Bank (Public)         Mich.         $21 million

The Baraboo Bancorporation (Details)         Bank (Private)         Wis.         $20.7 million

Unity Bancorp (Details)         Bank (Public)         N.J.         $20.6 million

United Bancorp (Details)         Bank (Public)         Mich.         $20.6 million

Citizens South Banking Corp (Details)         Bank (Public)         N.C.         $20.5 million

Market Street Bancshares, Inc. (Details)         Bank (Private)         Ill.         $20.3 million

BNCCORP (Details)         Bank (Private)         N.D.         $20.1 million

Bank of Commerce (Details)         Bank (Public)         Calif.         $20 million

C&F Financial Corp (Details)         Bank (Public)         Va.         $20 million

Community First Bancshares (Details)         Bank (Private)         Tenn.         $20 million

First Financial Service Corp (Details)         Bank (Public)         Ky.         $20 million

MidSouth Bancorp (Details)         Bank (Public)         La.         $20 million

D.L. Evans Bancorp (Details)         Bank (Private)         Idaho         $19.9 million

First PacTrust Bancorp, Inc. (Details)         Bank (Public)         Calif.         $19.3 million

Carver Bancorp (Details)         Bank (Community Development)         N.Y.         $19 million

Bar Harbor Bankshares (Details)         Bank (Public)         Maine         $18.8 million

HopFed Bancorp (Details)         Bank (Public)         Ky.         $18.4 million

Sovereign Bancshares (Details)         Bank (Private)         Texas         $18.2 million

Security Federal Corp (Details)         Bank (Public)         S.C.         $18 million

ECB Bancorp (Details)         Bank (Public)         N.C.         $17.9 million

First NBC Bank Holding Company (Details)         Bank (Private)         La.         $17.8 million

Community First Inc (Details)         Bank (Private)         Tenn.         $17.8 million
Community Bankers Trust Corp (Details)         Bank (Public)         Va.         $17.7 million
First Northern Community Bancorp (Details)         Bank (Public)         Calif.         $17.4 million

Southern First Bancshares (Details)         Bank (Public)         Miss.         $17.3 million

Liberty Shares (Details)         Bank (Private)         Ga.         $17.3 million

Northern States Financial Corp (Details)         Bank (Public)         Ill.         $17.2 million

First American International Corp (Details)         Bank (Community Development)         N.Y.         $17 million

Guaranty Federal Bancshares (Details)         Bank (Public)         Mo.         $17 million

White River Bancshares Company (Details)         Bank (Private)         Ark.         $16.8 million

Timberland Bancorp (Details)         Bank (Public)         Wash.         $16.6 million

Codorus Valley Bancorp (Details)         Bank (Public)         Pa.         $16.5 million

First Federal Bancshares of Arkansas (Details)         Bank (Public)         Ark.         $16.5 million

1st Financial Services Corp (Details)         Bank (Public)         N.C.         $16.4 million

Parke Bancorp (Details)         Bank (Public)         N.J.         $16.3 million

Pacific City Financial Corp (Details)         Bank (Private)         Calif.         $16.2 million

Valley Financial Corp (Details)         Bank (Public)         Va.         $16 million

Carolina Bank Holdings (Details)         Bank (Public)         N.C.         $16 million

MidWest One Financial Group (Details)         Bank (Public)         Iowa         $16 million

Community West Bancshares (Details)         Bank (Public)         Calif.         $15.6 million

Stockmens Financial Corporation (Details)         Bank (Private)         S.D.         $15.6 million

Tri-County Financial Corp (Details)         Bank (Private)         Md.         $15.5 million

BankFirst Capital Corp (Details)         Bank (Private)         Miss.         $15.5 million

First Reliance Bancshares (Details)         Bank (Private)         S.C.         $15.3 million

LSB Corp (Details)         Bank (Public)         Mass.         $15 million

State Capital Corporation (Details)         Bank (Private)         Miss.         $15 million

Business Bancshares (Details)         Bank (Private)         Mo.         $15 million

Foresight Financial Group, Inc. (Details)         Bank (Private)         Ill.         $15 million

Nicolet Bankshares (Details)         Bank (Private)         Wis.         $15 million

First Community Bancshares, Inc (Details)         Bank (Private)         Kan.         $14.8 million

Village Bank and Trust Financial Corp (Details)         Bank (Public)         Va.         $14.7 million

Monarch Financial Holdings (Details)         Bank (Public)         Va.         $14.7 million

Tidelands Bancshares (Details)         Bank (Public)         S.C.         $14.4 million

First National Corporation (Details)         Bank (Private)         Va.         $13.9 million
Magna Bank (Details)         Bank (Private)         Tenn.         $13.8 million
Sword Financial Corporation (Details)         Bank (Private)         Wis.         $13.6 million

First Texas BHC (Details)         Bank (Private)         Texas         $13.5 million

Oak Valley Bancorp (Details)         Bank (Public)         Calif.       &n

Subject: RE: BS: The Real Bailout Scandal
From: PoppaGator
Date: 26 May 09 - 03:36 PM

Amos, I believe you exceeded the "one-screen limit" for paste-ins!

The sheer number of listings is an eye-opener, to say the least. I don't believe anyone is gonig to read the entire text, though.

Subject: RE: BS: The Real Bailout Scandal
From: pdq
Date: 26 May 09 - 04:03 PM

Various "bail-out" and"stimulus package" bills starting in May 2008 have have a revised price tag estimate of 3.1 TRILLION dollars. Far more than the actual federal budget.

Some were passed so quickly that the Republicans were not even given time to read them.

If Democrats do not smell a fish, perhaps they need a nose transplant.

"The vote to release the TARP funding was pretty much along party lines, with most Democrats voting to release the funding. Below a list of the exceptions.

Nine Democrats voted NOT to relesee the funds: Bayh (IN), Cantwell (WA), Dorgan (ND), Feingold (WI), Lincoln (AR), Ben Nelson (NE), Shaheen (NH), Sanders (VT), Wyden (OR).

Six Republicans voted to release the money: Alexander (TN), Gregg (NH), Kyl (AZ), Lugar (IN), Snowe (ME), Voinovich (OH)."

Subject: RE: BS: The Real Bailout Scandal
From: kendall
Date: 26 May 09 - 04:18 PM

The bail outs started under the republicans didn't they?

Subject: RE: BS: The Real Bailout Scandal
From: Amos
Date: 26 May 09 - 04:42 PM

They did, indeed; they were rolling along at high speed under SecTreas Paulson well before the Inauguration.


A

Subject: RE: BS: The Real Bailout Scandal
From: Bill D
Date: 26 May 09 - 05:00 PM

If you just LOOK at videos of Paulson during the crisis and follow the detailed accounts of who learned what when, it will clarify who panicked and who convinced others to share his panic. Yeah, it NOW seems that too much money was thrown about too soon, but Paulson assured us that it was necessary.

Paulson was barely able to form coherent sentences at a couple of those announcements. (and remember, Paulson was ON Wall Street (Goldman/Sachs) during some of the dubious practices that led to all this.)

Subject: RE: BS: The Real Bailout Scandal
From: CarolC
Date: 26 May 09 - 05:34 PM

They definitely started under the Republicans. And they were massive then, too.

Subject: RE: BS: The Real Bailout Scandal
From: pdq
Date: 26 May 09 - 07:00 PM

Since January this year, the Democrats have had a bully majority in both the House and Senate, and the presidency.

The loyal opposition has been reduced to the irrelevant spectators.

About 2/3 of the bail-out/stimulus money was passed without a singel vote in favor from House Republicans.

It's Obama's mess now and the waste of taxpayers money is obscene.

Subject: RE: BS: The Real Bailout Scandal
From: Peace
Date: 26 May 09 - 07:03 PM

My name was missing from that list of bailouts. WTF?

Subject: RE: BS: The Real Bailout Scandal
From: pdq
Date: 26 May 09 - 07:09 PM

Perhaps they thought you were a lost cause?

Subject: RE: BS: The Real Bailout Scandal
From: Peace
Date: 26 May 09 - 07:09 PM

I am now. I was counting on that $47.00.

Subject: RE: BS: The Real Bailout Scandal
From: pdq
Date: 26 May 09 - 07:12 PM

You really thought that TARP money would be used to buy the rights to your life story?

Subject: RE: BS: The Real Bailout Scandal
From: Amos
Date: 26 May 09 - 07:39 PM

It's worth a good deal more than some of the shlock the money has been spent on!


A

Subject: RE: BS: The Real Bailout Scandal
From: beardedbruce
Date: 26 May 09 - 08:12 PM

Nine Democrats voted NOT to relesee the funds: Bayh (IN), Cantwell (WA), Dorgan (ND), Feingold (WI), Lincoln (AR), Ben Nelson (NE), Shaheen (NH), Sanders (VT), Wyden (OR).


I do not see Obama in this list.

Nor can you blame Bush for the actions that Obama took after 20 January.

Subject: RE: BS: The Real Bailout Scandal
From: CarolC
Date: 27 May 09 - 01:22 AM

It would have been much worse had the Democrats in Congress not stood up to Paulson during the Bush administration when he demanded that they hand him total control of everything with no scrutiny or accountability, ever (which Bush and Cheney were quite happy to go along with).

I don't agree with much of what the Democrats have done with regard to this issue, but it is a totally bipartisan issue and problem.

Subject: RE: BS: The Real Bailout Scandal
From: Neil D
Date: 27 May 09 - 03:57 AM

From: Peace - PM
Date: 26 May 09 - 07:03 PM

My name was missing from that list of bailouts. WTF?


Unless you helped bring the world to the brink of economic disaster with predatory lending and other ill-advised fiscal practices you haven't earned a bailout.

Subject: RE: BS: The Real Bailout Scandal
From: GUEST,beardedbruce
Date: 27 May 09 - 03:53 PM

That, and your contributions to the Obama campaign were not enough to get you noticed.

Subject: RE: BS: The Real Bailout Scandal
From: heric
Date: 01 Jun 09 - 07:09 PM

http://www.youtube.com/watch?v=PXlxBeAvsB8

(OIG - Federal Reserve)

Subject: RE: BS: The Real Bailout Scandal
From: Riginslinger
Date: 01 Jun 09 - 07:23 PM

"The sheer number of listings is an eye-opener, to say the least. I don't believe anyone is gonig to read the entire text, though."

                I'm going to print it and pass it around!

Subject: RE: BS: The Real Bailout Scandal
From: DougR
Date: 01 Jun 09 - 07:37 PM

Efforts to pin this debacle on the Bush administration is pathetic. Bush screwed up his fair share, but he can't hold a candle to Obama and his gang. Seems Obama wanted to bail out some of the finer eating and entertainment establishments in New York City last weekend too! Taking three jets and two helicopters over the Hudson so he and Michelle can recreate, is just shameful. Particularly after he has been preaching to the crowd the need to tighten belts. One report I heard reported the fuel for the aircraft alone exceeded $24,000. That's pocket change to Obama, I know, but ask a laid off auto worker what he or she thinks about it. I doubt they are very sympathetic to Obama's need to recreate.

DougR

Subject: RE: BS: The Real Bailout Scandal
From: gnu
Date: 01 Jun 09 - 07:57 PM

$Cdn10.5B for GM Canada today. And the attack ads by the PCs on the Liberals on the TV are constant. Election?

Subject: RE: BS: The Real Bailout Scandal
From: gnu
Date: 01 Jun 09 - 08:44 PM

Must look at a Chev as a replacement vehicle.

Subject: RE: BS: The Real Bailout Scandal
From: Riginslinger
Date: 01 Jun 09 - 09:50 PM

Yeah, gnu, I've geen thinking the same thing.