The Unveiling of “Plan C”?

Login or register to post comments Last Post 1305 reads   3 posts
  • Sat, Oct 17, 2009 - 01:20pm

    #1
    Davos

    Davos

    Status Silver Member (Offline)

    Joined: Sep 17 2008

    Posts: 811

    count placeholder

    The Unveiling of “Plan C”?

Greenspan Says U.S. Should Consider Breaking Up Large Banks

Oct. 15 (Bloomberg) — U.S. regulators should consider breaking up large financial institutions considered “too big to fail,” former Federal Reserve Chairman Alan Greenspan said.

In my opinion this is “Plan C” being reveled. The m*rons at large have woken up to the fact that so much water is gushing over the transom (CRE and wave 2 of the residentials) that no amount of bailing will keep the ships from sinking.

 

 

  • Sat, Oct 17, 2009 - 01:36pm

    #2
    Peak Prosperity Admin

    Peak Prosperity Admin

    Status Bronze Member (Offline)

    Joined: Oct 31 2017

    Posts: 1614

    count placeholder

    Re: The Unveiling of “Plan C”?

Simon Johnson and Robert Reich also said the same thing about a week ago:

http://georgewashington2.blogspot.com/2009/10/simon-johnson-and-robert-reich-use.htm

We’ll see if it happens!!

  • Sat, Oct 17, 2009 - 08:13pm

    #3
    Peak Prosperity Admin

    Peak Prosperity Admin

    Status Bronze Member (Offline)

    Joined: Oct 31 2017

    Posts: 1614

    count placeholder

    Re: The Unveiling of “Plan C”?

They will be broken up and then sold to the Fed Member Banks (ie:  JPM, GS) for pennies on the dollar.  Mark my words is this actually goes through…..  

 

Viewing 3 posts - 1 through 3 (of 3 total)

Login or Register to post comments