Credit Union Bailout! The Misery Continues.

[andymays]

U.S. Bails Out Major Credit Unions

http://online.wsj.com/article/SB10001424052748703499604575512254063682236.html?m od=WSJ_hpp_LEFTWhatsNewsCollection

Excerpt:

Regulators announced Friday a rescue and revamping of the nation's wholesale credit union system, underpinned by a federal guarantee valued at $30 billion or more. Wholesale credit unions don't deal with the general public but provide essential back-office services to thousands of other credit unions across the U.S. The majority of retail credit unions are sound, but they will have to shoulder the losses through special assessments over the next decade.

[DJofSD]

The federal government, which now controls about 70% of the total assets at such credit unions, said the surviving institutions will be reined in so that they take fewer risks with their investments.

70%. And, before too long, the other 30% too.

[skate]

Together they had about $50 billion in shaky mortgage-backed securities on their books, according to Larry Fazio, NCUA's deputy executive director.

And and and, how many of us knew that these credit unions Pay NO taxes.

The very same people responsible, are still in office, should be in jail.

Yah sure, vote em out:lol: , dont make the-skate laugh.

WHY oh why is Boxer 5 points ahead of Carla.?

[boxcar]

Together they had about $50 billion in shaky mortgage-backed securities on their books, according to Larry Fazio, NCUA's deputy executive director.

And and and, how many of us knew that these credit unions Pay NO taxes.

The very same people responsible, are still in office, should be in jail.

Yah sure, vote em out:lol: , dont make the-skate laugh.

WHY oh why is Boxer 5 points ahead of Carla.?

Because Carla is a closer? :D

Boxcar

[Robert Goren]

Together they had about $50 billion in shaky mortgage-backed securities on their books, according to Larry Fazio, NCUA's deputy executive director.

And and and, how many of us knew that these credit unions Pay NO taxes.

The very same people responsible, are still in office, should be in jail.

Yah sure, vote em out:lol: , dont make the-skate laugh.

WHY oh why is Boxer 5 points ahead of Carla.?Too many voters held stock in HP while Carly was its CEO.

[bigmack]

Fiorina is slated to start her TV campaign this next week. They'll be playing a clip that will surely pinch up the current 47% Boxer, 43% Fio Rasmussen poll.

f0CprVYsG0k

[DJofSD]

The very same people responsible, are still in office, should be in jail.

Yah sure, vote em out:lol: , dont make the-skate laugh.

WHY oh why is Boxer 5 points ahead of Carla.?

Don't let the media spin-fest worry you. The elections are what counts, not the lies coming out of both sides of the mouth from the government owned media complex.

[skate]

Too many voters held stock in HP while Carly was its CEO.


:lol: , yah what was her big move? She went and bought computer,..."C" ?began with a "c", company.

But again, something is FAAAAAAAAAAAAR better than what's there now.:)

[skate]

Don't let the media spin-fest worry you. The elections are what counts, not the lies coming out of both sides of the mouth from the government owned media complex.


Ok fine, DJo, but Many voters pick up from the BoobTubers.

Good God Almighties (in case we have more than one) it only takes three or four % to make a swing and that comes from the T-frigin-V.:bang:

[Robert Goren]

:lol: , yah what was her big move? She went and bought computer,..."C" ?began with a "c", company.

But again, something is FAAAAAAAAAAAAR better than what's there now.:)You can vote for who you like, but for your information during the time the time that Carly headed HP the S&P 500 went up 10%. HP stock price was cut in half.

[prospector]

You can vote for who you like, but for your information during the time the time that Carly headed HP the S&P 500 went up 10%. HP stock price was cut in half.
LOL..sounds like she'd fit in well in washington..its their kind of math..

[skate]

You can vote for who you like, but for your information during the time the time that Carly headed HP the S&P 500 went up 10%. HP stock price was cut in half.

HEY hey hey, lookey here, i dooooo remember that very well.

Compac puter, that was the one that really gave her problems after the purchase she made.

[chickenhead]

that race has been quiet relative to Meg v Brown. I figured Carly didn't have much dough, had to hold her water.

In other news, the Weed Initiative, last I heard, is up around 49% yes.