Capt. JG wrote:
"Larry" wrote in message
...
"So far, Treasury has invested more than $162 billion in 207 banks. The
department set aside $250 billion from the bailout fund to be used for
direct investments in banks."

If I keep handing you piles of money to pay for your stupidity, do you
have
any incentive to fix the problem?

The bankers have learned from the doctors. We can't afford to find cure
for vastly profitable diseases, either....




Who will save your grandchildren??



Who gives a rat's ass about my grandchildren?! They can fend for themselves!
LOL

Somebody had to cover all of the bad loans made to people who were high
credit risk that were forced on banks by the clinton administration.

The fact that this was going to happen was obvious when the bank was
forced to finance the buyer of our house in 2000 who had an 86% debit
ratio and no obvious means of support.