> On Sep 16, 8:42 pm, Fred Weiss papertig.com> wrote:
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>> On Sep 16, 8:37 am, Robert Cohen msn.com> wrote:

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>>> True and are anti-pubic interest, because these financial behemoths
>>> are intricately dynamic & essential utilities, as so many people and
>>> dealings are inter-depending on 'em

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>> Wheras that doesn't apply to our beneficient gov't?

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>> Obviously Lehman Bros., for example, wasn't considered an "essential
>> utility". On the other hand was Bear Stearns?

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>> Btw, did you notice how Barclays slipped in there today to pick up the
>> best parts of Lehman. The rest of it will be allowed to collapse - as
>> well it should. But tell me Robt. how that effects you? Did you have
>> stock in Lehman? Do you have a position in mortgage derivatives or
>> credit related swaps or auction rate securities?

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>>> Our houses of cards are self-destructing if not intervened upon by
>>> Uncle Sam

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>> Well, that begs the question doesn't it?

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>>> We are re-learning the Herbert Hoover era dilemmas

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>> Well, we should but we aren't in fact. Hoover was far, far from a
>> laissez-fairest. In fact his actions were perfectly designed to worsen
>> the Depression, e.g. raising taxes, imposing high tariffs, tightening
>> the money supply. FDR, your hero, marched in and made matters even
>> worse.

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>> Fred Weiss

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> The Federal Reserve is gonna loan AIG 85 Billion
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> Good
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> The company has the assets to handle this loan
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> AIG going bankrupt would be too disruptive- Hide quoted text -
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> - Show quoted text -