TYT: Banks Survive Stress Test - Or Do They? (Is The US Like Russia?)

[ihavenobias]

Run time: 06:18 https://www.youtube.com/watch?v=YpZzhdSoxPA   Posted on YouTube: May 08, 2009 By YouTube Member: Views on YouTube: 0   Posted on DU: May 08, 2009 By DU Member: ihavenobias Views on DU: 901

 

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[FiveGoodMen]

1. I'll have to admit that I don't understand macro-economics enough to be sure of anything

but I'm afraid Cenk's right.

And too-big-to-fail is definitely too-big-to-exist.

[truedelphi]

7. I just had my eyes opened today - the media never told us that Chrysler

Actually had several big time, definite loan sponsors and investors ready to assist Chrysler with their bottom line - and the government woul dnot allow those financial interests to make the deals.

In fact, as I type this, Oppenheimer Funds is attempting to sue the Federal Government for not following the law! Bankruptcy law as written for this type of matter clearly protects Chrysler in handling its affairs as it wants to. Chrysler has investors lined up - government shoots Chrusler down. Meanwhile, the big banks that are falling apart are probably gonna receive another round of BailOuts. And that means more grief for us tax payers.

And like Cenk says, what you hear on the media is only what the Big Powers that be want you to hear.

[Red Knight]

2. I thought the same thing

They need 75 billion and it's a passing grade?

I should have gone into banking. No such thing as fail. Ever.

[Seldona]

6. 'I should have gone into banking. No such thing as fail. Ever.'

Unless you are an American taxpayer. Then there is failure aplenty.

[OhioChick]

3. K&R

:kick:

[pleah]

4. K&R I have said it all along that we got royally fucked.

This was outright theft of the taxpayers.

[Reform]

5. Great Vid

Well done