Politics
Politics
Out of context: Reply #6312
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- TheBlueOne0
Not wrong per se, but the legal mechanism exists whether there is TARP money or not. If a company can sue a pension fund management company on negligence/fraud, really doesn't matter if the company received TARP funds or not.
The companies aren't suing BECAUSE the government gave them money, that just sweetens some pots.
I concede that those companies that manage pension portfolios and did receive TARP money make a juicier target, but in and of itself isn't the root mechanism at work.
The main issue is STILL mismanagement and fraud at the financial corporations (which you seem to believe these guys deserve bonuses for....) and not the TARP funds.
In other news, FBI close to filing fraud charges against AIG financial division:
- Agreed (yes, we CAN agree once in awhile). But, this cannot be good, as you originally stated. Not good at all.********
- Nope. It's a clusterfuck. And look, I was never in favor of TARP...TheBlueOne
- I'm of the nationaliztion school and you are "let them fail" school..but either way TARP was a halfass inbetween methodTheBlueOne
- methodTheBlueOne
- Agreed (yes, we CAN agree once in awhile). But, this cannot be good, as you originally stated. Not good at all.