Who said the Russians don’t know bailout? When Mikhail Fridman (close ally of Putin’s administration) got himself on the wrong side of Deutsche Bank and friends to the tune of $2 billion, the Kremlin simply wrote him a check, which he steadfastly refused twice before finally giving in.
In Former-Soviet Russia, bailout begs for you.
Russia Tosses Life Preserver to One of Its Richest Men [The Wall Street Journal]
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those guys scare me.
at 1 why, because you don’t understand socialism and communism?? just ask na Obama suporter they’ll explain.
what’s wrong with the redistribution of wealth. you have a problem with people who don’t even pay federal taxes getting money back? oh wait..
Boom Goes the Dynamite.
@4 Reggie Miller lookin’ good.
mark haynes blows sue herrera.
I am a hedge fund manager. What is Russia?
@7
You’re better than that.
oh i got friends, in looooowwww placess…
@2
Yup. That’s why I’m voting McCain. The last 8 years have been great! Lets continue the streak.
Nice Hyman Roth reference.
@2 Last time I checked, Bush was responsible for the largest expansion of government since the New Deal.
@11
Yea well, fool me once, shame on — shame on you. Fool me — you can’t get fooled again.
This last surge on the back of a couple flubs during interviews is not going to get McCain into the white house.
CNBC looked alot like Fox news last night.
Vote “Gilligan” ’08
M. Bartiromo looked like she was auditioning for FBN.
@11 “This Sucker Could Go Down”
Hands down, best Bush quote ever.
I hope Paulson dropped a “That’s what she said”.
Bartiromo/Palin ’08
Friday night Mud Wrestling in the Rose Garden.
Genius @2
Russia has nothing to do with socialism. It’s now an oligarchy, or a plutocracy if you prefer that term. In that system there’s nothing wrong with the government helping the rich because the rich are the government. Actually, it’s not much different than the 3 bald men helping their friends and destroying their enemies with government money.
@10
hey retard… socialism and communism do not work never have and never will
Obama is a redistributer of my wealth…he steals from me gives it to the likes of you to gain power for his own elitest ass ..he does not care for you other wise he would sell his $3million hose live in a $500k house and distribute the rest. Its that simple.
@diablo – may be a bit subtle for this group…
@10
I don’t care how much my house costs, as long as it’s a ranch in Waco.
@15
Bartiromo’s agent knows she is now redundant at CNBC with all the money honeys added to the stable recently. My vote is for FBN to take Bartiromo and Caruso-Cabrera. And as a bonus, they can take the idiot Dennis Kneale if they make him wear skirts.
@19
“elitest”
as in his ass is the most elite of them all? I don’t follow.
PS. Whooot!
@19,
So any movement in the tax code should be called socialism then?
@24
If your income is 5x your neighbor you schould pay 5x the tax …not I pay for you you pay nothing
Caruso-Cabrera on FBN means that she can finally show off her assets.
@19 : hey listen stupid asswipe ! if you’re rich it’s ONLY because your socialist masters Greenspan & Bush gave you free lunches for a decade or so.
Incredible how americans are stupid (well most of them).
The voting sheeple have finally realized that the ones who control the outcome are the ones who dont contribute.
A majority of the vote-eligible population right now doesnt pay a dime in federal income taxes. (CBO stats – 46% of filers have 0 or -ve tax burden, safe to assume a good number of ACORN registrants have never even filed.) Didn’t some famous guy say that the day people figure this out, democracy will break down?
So people are essentially voting to decide (through their reps) how OTHER people’s money should be spent and how much money should be taken away from other people. That plan sure has some awesome disincentived! The ‘tax-cut for 95%’ simple solidifies that majority. Bye bye democracy….
Socialism is already here.
When all of these financial institutions accepted bailout money, what do you think that was?
At least Obama ain’t spitting into the wind and telling us its raining.
I think its funny that all of you are against Socialism unless it constitutes bailing out YOUR employer and job.
Give me a break.
@27
You are the reason this country will become just like the shithole your parents came from… you want somebody to take care of you.. nobody gave me anything moron.. they just take and take… you hate america because you know the ideas that it was built on are better than any idea your empty skull could ever imagine.
riiiiiiiight…
Chances are the thugs in the Kremlin were trying to protect their own interests, a possible bankruptcy will endanger their skimming, and possibly expose Putin and Co. secret holdings as hidden shareholders.
riiiiiiiight…
@29 If you can vote for Obams it means either you are an evil person who wants to steal from me or a stupid person who doesn’t have the ability to reason.. either way you are dangerous
Guess again 34, I work in this business too. I am just not idiotic enough to think that McCain and Palin, neither of whom can even conceptualize what a derivative is, have the chops to guide us through this mess.
Well, it is not all about just economics. Anyone remember Joe the plumber? Well ever since he dared to ask some questions (naively beliveing it to be the right of every citizen I guess), his information has been pulled up on
- Toledo Police Department
- Department of Job and Family Services Ohio
- Cuyahoga County DSS
- Ohio Bureau of Motor Vehicles
This is just what happens in totalitarian regimes. So beware, dont try crticizing him on this blog either. The sympathetic blog moderator does track your IP address (in violation of the blog’s privacy policy) and might just hand you over!
@34
Really? You can’t be serious? You really feel you are entitled to receive a certain tax rate?
A shift in the tax code is not socialism its just a shift in the tax code.
@35
Obama, Frank, and Dodd, put us in this mess. Something for nothing.. socialized mortgages for all.. didn’t work ..
i agree with everyone. Barry Obama.
Hey @ 38, you are correct. By the way, I had cheese pizza for dinner last night along with a diet Coke, and a small salad.
@36,@28 The country is done because of the reasons you have more effectivly pointed out..I just hate it when they use “fair” to describe a tax system where you make 10% of the income but are forced to pay 95% of the tax..
Glenn Quagmire would never have let this happen.
America is becoming a socialist state because of the wall st crowd. when you make money, who do you take it from? the people. who bails you out? the people. The people now want you to pay taxes and give us back our money or we will march on you. you cannot hide anymore, the people are watching and we will take back our money. give us back our money. better go buy some blue jeans like your leader Obama tells you as its hard work in the fields.
I’m going to vote for the person who I expect will be able to give Putin’s 3rd degree blackbelt holding judo styles a battle. As of right now, I think Obama may be able to hang with him though I have my doubts, and surely don’t feel confident in McCain’s ability, particularly to put his arms up and block headshots.
@38
Bush ran in 2000 on the notion of building an ownership society. No matter how much you try to paint it as a partisan issue, its not going to stick.
@43 As you can see there is no use in arguing withthe empty skull Obama support.. people who work on wall st. take money.. others earn it.. We will take our money to where its treated best if its not america so be it .. jcant’ wait to see your starving grand children with the bloated bellies on tv begging for relief after we and our money has left..look around asshole
“Obama, Frank, and Dodd, put us in this mess. Something for nothing.. socialized mortgages for all.. didn’t work ..”
I guess Bush’s ownership society, which encouraged these lending practices, had nothing to do with it? What about all the financial institutions who were hungry for all these mortgages so they could bundle them up and sell them? Or the GOP congress that passed laws deregulating the derivatives markets?
Look, no one is guilt free in this mess. However, I think that we can get out of it if we elect someone who at least has a clue how this stuff works. McCain goes out and admits he knows little about the economy or economics, and says he has to chose a VP who knows more about it than him. Who does he go out and choose? Palin! A woman who thinks that if you live in NY that you don’t live in REAL AMERICA. Are you kidding me?
Think about that.
@46
Run on sentence. Non-comprehendible.
Please ask your university for a refund.
@45 don’t pretend that CRA FNM And FRE and the whole idea were not democratic ideas your not fooling any one
@46–please feel free at any time to move away to another country. really. I dont know of any industry that lost a trillion and needed an emergency bailout immediately while paying 7 and 8 figure salaries and bonus’ to those who caused the problem. please go soon as nobody will miss you. Or better yet, the IRS and the AG will seize your money as it was stolen in a criminal enterprise. Go away! please.
McCain should have picked the crazy anchor lady from Florida as his VP nominee.
@46
You. Don’t. Have. Options.
We took everyone down with us.
@47 Nice try, which laws “deregulated” the derivitve laws.. Show me.. Did europe also deregulate the derivative markets? Why did they bundle that shit to get it off their balance sheets ,, why did fnm and fre end up owning or backing 50% of this crap.. your entitled to your opinions but not the facts
@47–If you think NYC is America, please go rent a car and drive a few hundred miles. You are a gutless, stupid douchbag who will end up in Delaware shaving TGFD’s testicles to homo perfection so he can have a good weekend. The Amtrak to Delaware leaves in 40 minutes, be on it.
#30 sounds like my mom only less erotic.
@55- you think of your Mom in an erotic way?
54-
Yeah, I am pretty sure that NY is in America. NY pays the taxes to subsidize your mid American asses. We are synonomous with the slur used to describe Americans around the globe (Yankees) and America got into multpile wars after NYC was attacked. So yes, I am 100% sure that NY is an America.
Kiss my ass.
-47
@57–OK, you’re still a douchebag and if we dont ship you food you starve. Maybe your gay lover will feed you love juice to keep you alive. Oh yeah, and our coal feeds your electric generators. So, STFU or you’ll be cold, hungry and out of a job.
I bet you’d like me to kiss your ass but I’m not your Mom or gay lover.
What is the etymological origin of “Yankees”?
since this conversation is goin nowhere – how about something to really get mad at?
http://tinyurl.com/58kwxc
Gov says they helped 400k homeowners avoid foreclosure with thi,but only 79 have actually been approved nationwide in the last month!
Bullshit lip service while they give away trillions.
I got some really good lip service from a hooker on 28th & Lex last night.
everyone knows most actual new yorkers are mets fans. this stems from us being raped of the giants and dodgers. yankees fans are for upstaters, transient residents of manhattan and the rest of you flyover dwellers.
@58…”gay lover”….what are you 15?
@30 : You’re really a moron. I’m not even in the US and don’t care too much about your country. I’m just sorry for the people of america : i know they’re stupid and brainwashed (your ideological propaganda is worse than in USSR or North Korea) and hope that the likes of you will stopped at the border of my country when you will run from US after you looted it. We don’t need you, I hope that true americans (not the greedy bandits) will take care of you soon ;) Oh and remember you bring NOTHING to humanity, you’re a worthless parasite.
@64 Please do tell from which shithole do you get to expouse your socialist crap.. from which US protected borders do you hail.
@64–you a commie? you speak english from kgb school? go back to your natashas and pirogi, we dont need no commies here
now now.. no need to go dragging the good name of pirogi into the dirt.
America is currently operating under a system of feudal capitalism”. If your inside the castle walls, life is pretty good, not the best its ever been but pretty good. If you live outside in the fields, life sucks. And here come the Visigoths!
McCain supporters want to build higher walls to protect the knights, lords and ladies in the hope that by having enough fortresses we can save the country. At least Obama wants us all to go out there and fight together. It’s about time America had some real courage instead of counting on fleecing the public, sophisticated tax arbs and Treasury bailouts.
@66 he’s obviously from one of the nations my grandfather had to go overseas to save.
#64, You realize the irony here, dont you? Despite all your protests – you still are spending time on an American blog meant to cater primarily to affairs American and populated mostly with Americans.
Your country no good bro? See, when Americans think that some country is worse than America (which would mean ALL countries – for most people except a few who suffer from Canada/Europe syndrome) thay dont even give a sht*t about that country? Does anyone here know who the governor of Canada’s central bank is? Or who the finance minister of Sweeden is?
But you sure do know Bald and Beard, dont you :)
@68 look where there has been socialism and communism then compare to situation in america.. ist just that simple moron.
capitalism has led to the strongest richest and freest nation that ever existed.. some people like yourself arn’t able to be free.. too much responsibility for you.. you would rather turn in your freedom to have someone else to blame for your condition. its that simple
America has been a socialist country since FDR. This is nothing new.
America has been a socialist country since FDR. This is nothing new.
And Alaska is the leading socialist state in America.
A few weeks before she was nominated for Vice-President, Sarah Palin told a visiting journalist—Philip Gourevitch, of The New Yorker magazine—that “we’re set up, unlike other states in the union, where it’s collectively Alaskans own the resources. So we share in the wealth when the development of these resources occurs.”
@74 what are you tying to say?
Palin is socialist?
Are you retarded?
@75
Did you flunk reading comprehension? Are you from Alaska?
@76 Person see wrong tries to correct it.
Wait till your children are living well beneath the level you were..that will make you happy asshole!!