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View Full Version : Look who's bailing out Wall Street




PimpBlimp
01-20-2008, 10:04 AM
http://money.cnn.com/galleries/2008/news/0801/gallery.wall_street_infusions/index.html

Our rich friends in the middle east and china :rolleyes:

tsetsefly
01-20-2008, 10:06 AM
they might get fucked by those investments, lol...

Paulitical Correctness
01-20-2008, 10:07 AM
http://www.youtube.com/watch?v=6k7N57bd34M

amy31416
01-20-2008, 10:07 AM
http://money.cnn.com/galleries/2008/news/0801/gallery.wall_street_infusions/index.html

Our rich friends in the middle east and china :rolleyes:

Smart investment. America comes cheap these days. :mad:

Better start brushing up on your Mandarin...

Dustancostine
01-20-2008, 10:22 AM
I wonder where they got all of that money?

Frossty
01-20-2008, 10:28 AM
They get money from Oil, China gets it from the trade surplus with America.

Cleaner44
01-20-2008, 10:28 AM
Don't expect this to change the economy. The market is in BIG trouble.

Dustancostine
01-20-2008, 10:29 AM
They get money from Oil, China gets it from the trade surplus with America.

Thanks Frosty, It was sarcasm though. :D

Buffalo Bruce
01-20-2008, 01:38 PM
According to opensecrets.org, in the 2008 election cycle, the top political recipients of money bombs from these bleeding financial companies were-

Goldman Sachs - Obama, Barack $369,078, Clinton, Hillary 347,750, Romney, Mitt $181,425, Dodd, Christopher J $106,200, McCain, John $88,700, Giuliani, Rudolph $79,750,
Edwards, John Pres $77,100

Ctigroup - Clinton, Hillary $315,550, Obama, Barack $180,287, Dodd, Christopher J $154,350, Giuliani, Rudolph W $137,250, McCain, John $137,050, Romney, Mitt Pres $93,150, Rangel, Charles B $59,950, Edwards, John $49,200

Merrill Lynch - Giuliani, Rudolph W $151,000, Romney, Mitt $147,200, Clinton, Hillary $125,550, McCain, John $113,575, Obama, Barack $86,097, Dodd, Christopher J $75,700, Edwards, John $23,450

Morgan Stanley - Clinton, Hillary$323,550, Romney, Mitt $110,050, Obama, Barack $104,420, Giuliani, Rudolph $97,950, Dodd, Christopher $66,500, McCain, John $53,250, Thompson, Fred $34,200, Reed, Jack $21,350, Edwards, John $19,550

slantedview
01-20-2008, 01:40 PM
more like selling off wall street. previous bailouts have involved the government buying shares in banks. having foreign companies buy them out is somewhat unprecedented.

defcreative
01-20-2008, 01:42 PM
Don't expect this to change the economy. The market is in BIG trouble.

Yeah, as things currently stand it is only a matter of time.