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70s commie phase strikes again

Started by zagor te nej, December 09, 2009, 02:17:51 PM

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vbo man

Al im je Obama zapretio ( mislim bankarima u USi ).
Udara im na savest :evil:
Kaze ne razumeju u kakvim je govnima USA. Kaze ljudi aman vi delite milione i dalje...
A njima vidim puca prsluk za USu? Evo Zagor od tolikog patriotizma reshio da svoj bonus da kao samodoprinos xfuck5 :mrgreen:
A predpostavljam da ce i Hate njegovim stopama xrofl
Ej bre nije shala preCednik vapije...
The light at the end of the tunnel is the train.

vbo man

QuoteObama: I did not run for office to be helping out a bunch of, you know, fat cat bankers on Wall Street. The only ones that are gonna be paying out these fat bonuses are the ones that have now paid back that TARP money and aren't using taxpayer loans.

Kroft: Do you think that's why they paid it back so quickly?

Obama: I think in some cases that was a motivation. Which I think tells me that the people on Wall Street still don't get it. They don't get it. They're still puzzled. "Why is it that people are mad at the banks?" Well, let's see. You guys are drawing down $10, $20 million bonuses after America went through the worst economic year that it's gone through in decades, and you guys caused the problem. And we've got ten percent unemployment. Why do you think people might be a little frustrated.
Kroft: Do you think that they've made some of these bonuses based in part on the generosity and policies of the United States government to help put the financial system back on its feet?
Obama: I think there is no doubt about it. And what's most frustrating me right now is you've got these same banks who benefitted from taxpayer assistance who are fighting tooth and nail with their lobbyists up on Capitol Hill fighting against financial regulatory reform.
Kroft: Why is it taking so long?
Obama: Well, everything appears to take long in Congress. We can talk about health care (LAUGHS) if you want. This is democracy in action.
The light at the end of the tunnel is the train.

vbo man

QuoteGoldman Trades Shouldn't Get U.S. Aid, Volcker Says

    Dec. 12 (Bloomberg) -- Goldman Sachs Group Inc., which took $10 billion in U.S. bailout funds last year, shouldn't get taxpayer support if the firm focuses on trading over banking, according to former Federal Reserve Chairman Paul Volcker.

    The "safety net" provided by the U.S. government "should not be extended beyond the core commercial-banking business," Volcker, 82, said in an interview yesterday at Deutsche Bank AG's Berlin office, where he was attending a conference. "They can do trading and do anything they want, but then they shouldn't have access to the safety net."

    Goldman Sachs, the most profitable investment bank in Wall Street history, has reaped more than 90 percent of its pretax earnings this year from trading and so-called principal investments, which include market bets on securities and stakes in companies. The other 10 percent came from advising clients on takeovers and capital-raising and from asset management, which includes managing hedge funds and buyout funds.

    When the collapse of smaller rival Lehman Brothers Holdings Inc. triggered a crisis of investor confidence last year, regulators allowed Goldman Sachs and Morgan Stanley, another competitor, to convert into bank holding companies. That put the New York-based firms under the Fed's purview and gave them access to cheap funding.

    The two firms received federal guarantees on new debt issues, as did commercial banks and some companies with financing businesses, such as General Electric Co.
The light at the end of the tunnel is the train.

vbo man

QuoteAbu Dhabi gives Dubai $10 billion in surprise bailout

   DUBAI (Reuters) - Abu Dhabi stepped in to help fellow United Arab Emirates member Dubai with a $10 billion injection, of which $4.1 billion was allocated to troubled state-owned conglomerate Dubai World to pay immediate obligations, Dubai said on Monday.

   The move was the least expected of all options Dubai had on the table after requesting a standstill on $26 billion in Dubai World debt on November 25, alarming markets and shaking the image of the emirate as a regional business hub.

   "The government of Abu Dhabi has agreed to fund $10 billion to the Dubai Financial Support Fund that will be used to satisfy a series of upcoming obligations on Dubai World," the chairman of the Dubai Supreme Fiscal Committee said in a statement.

   "As a first action for the new fund, the government of Dubai has authorized $4.1 billion to be used to pay the sukuk obligations that are due today."
Lako je njima a ko ce da spasava USA kad uskoro dugovi stignu na naplatu :mrgreen:
The light at the end of the tunnel is the train.

vbo man

QuoteCleaners 'worth more to society' than bankers - study
By Martin Shankleman, BBC News

   Hospital cleaners are worth more to society than bankers, a study suggests. The research, carried out by think tank the New Economics Foundation, says hospital cleaners create £10 of value for every £1 they are paid.

   It claims bankers are a drain on the country because of the damage they caused to the global economy. They reportedly destroy £7 of value for every £1 they earn. Meanwhile, senior advertising executives are said to "create stress".

   The study says they are responsible for campaigns which create dissatisfaction and misery, and encourage over-consumption. And tax accountants damage the country by devising schemes to cut the amount of money available to the government, the research suggests.



Don't ask Hate xtwak . It's BBC :mrgreen:
The light at the end of the tunnel is the train.

zagor te nej

Quote from: vbo man on December 12, 2009, 07:48:27 AM
QuoteCongressman Kucinich has announced that even after his proposed amendment to HR 4173 to tax TARP recipients was shot down, he "will be introducing legislation based on the amendment that [he] offered, that will pave the way for a more fair and just tax treatment of absurd bonuses in the financial industry."




It will be useful to see if the vote goes once again along party lines, in which case the banana republic nature of America will truly shine, as republicans and democrats finally confirm they have terminally flip-flopped on all issues pertaining to Wall Street, even as Main Street anger over banker compensation continues rising. If this proposal gets voted on, Democrats, who will likely once again vote it down, stand to reap the full fury of over 300 million Americans, who will realize that the Democratic party now holds banker remuneration and bonus concerns closer to its heart than those of small and medium-sized businesses (let along Joe Sixpack). And in that case, watch out come mid-term election time. Now if only Bernanke's reappointment can be stalled for another year, there just may be a little hope for capitalism yet.

Ovi Ameri sve komunjare :roll:

Kusinic je budala koja je bankrotirala Cleveland dok mu je bila gradonacelnik.
"Prediction is very difficult, especially of the future."
Niels Bohr

vbo man

QuoteKusinic je budala koja je bankrotirala Cleveland dok mu je bila gradonacelnik.
Moze biti vi bolje znate tamo...samo vidim da i Obama vec gubi zivce oko tih bonusa :x
The light at the end of the tunnel is the train.

zagor te nej

Trenutno je popularno i politicki isplativo biti Robin Hood - inace, pretpostavljam da su  federalna i lokalne vlasti su presrecne sto ce imati kome da naplate nekakav income tax ove godine.
"Prediction is very difficult, especially of the future."
Niels Bohr

zagor te nej

Citigroup to Repay $20 Billion of Government Bailout (Update2)
2009-12-14 13:07:37.48 GMT


     (Adds Townsend's comment in the fourth paragraph.)

By Bradley Keoun
     Dec. 14 (Bloomberg) -- Citigroup Inc., recipient of the biggest U.S. bank bailout, struck a deal with regulators to repay $20 billion to taxpayers and escape government-imposed pay restrictions.
     Citigroup, the only major U.S. lender still dependent on what the government calls "exceptional financial assistance,"
will raise the funds with a sale of $20.5 billion of equity and debt. The New York-based company also plans to substitute "substantial common stock" for cash compensation, the bank said in a statement today.
     Chief Executive Officer Vikram Pandit has pressed for an exit from the Troubled Asset Relief Program out of concern that TARP pay constraints make Citigroup vulnerable to employee poaching by Wall Street rivals. Bank of America Corp. exited the program last week after paying back $45 billion of rescue funds.
     "It's great news," Gary Townsend, chief executive officer of Hill-Townsend Capital LLC, an investment firm in Chevy Chase, Maryland, said in a Bloomberg Television interview. "It's important for Citi to exit these extraordinary agreements with the U.S. Treasury and the government as quickly as possible.
It's expensive perhaps, but I think it had to be done."

                           Stock Sale

     The bank will sell $17 billion of common stock, with a so- called over-allotment option of $2.55 billion, and $3.5 billion of "tangible equity units." The U.S. Treasury will sell as much as $5 billion of common stock it holds, with plans to unload the rest of its stake during the next six to 12 months. An additional $1.7 billion of common stock equivalent will be issued next month to employees in lieu of cash they would have otherwise received as pay.
     The TARP payments will result in a roughly $5.1 billion loss. Citigroup will also terminate its loss-sharing agreement with the government on $301 billion of its riskiest assets.
Canceling about $1.8 billion of trust preferred securities linked to the program will result in a $1.3 billion loss, the company said.
     Citigroup fell to $3.86 in New York trading at 8:03 a.m., down from its $3.95 close on Dec. 11. The stock has tumbled 41 percent this year, valuing the lender at about $90 billion.
     "We planned to exit TARP only when we were convinced that it was prudent to do so," Pandit said in the statement. "By any measure of financial strength, Citi is among the strongest banks in the industry."

                        Bank of America

     In October, Pandit said he was "focused on repaying TARP as soon as possible" in cooperation with regulators. He pushed to accelerate the talks after Bank of America's plan was announced, people familiar with the matter said last week.
     Citigroup, which took $45 billion of TARP funds last year, converted about $25 billion in September into common stock, equivalent to a 34 percent stake.
     The government is winding down the bailout programs it arranged as financial markets convulsed late last year. Treasury Secretary Timothy Geithner said in a Dec. 4 interview that most taxpayer money injected into banks through TARP will eventually be recovered.
     JPMorgan Chase & Co., Goldman Sachs Group Inc. and Morgan Stanley, all based in New York, repaid bailout funds in June.
San Francisco-based Wells Fargo & Co., with $25 billion of TARP money, isn't subject to pay limits because it never needed a second helping of bailout funds.
     Companies still dependent on the Treasury's exceptional assistance program include American International Group Inc. and General Motors Corp.
"Prediction is very difficult, especially of the future."
Niels Bohr

neprijateljska emigracija

Quote from: zagor te nej on December 14, 2009, 02:29:01 PM
Citigroup to Repay $20 Billion of Government Bailout (Update2)
2009-12-14 13:07:37.48 GMT


     (Adds Townsend's comment in the fourth paragraph.)

By Bradley Keoun
     Dec. 14 (Bloomberg) -- Citigroup Inc., recipient of the biggest U.S. bank bailout, struck a deal with regulators to repay $20 billion to taxpayers and escape government-imposed pay restrictions.
     

Da, ovo je kljucno. A gdje su onih $306 milijardi in Novembra prsole godine?

Mater im lopovsku jebem.
sweetness, sweetness I was only joking
when I said by rights you should be bludgeoned in your bed

zagor te nej

"Prediction is very difficult, especially of the future."
Niels Bohr

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"You! Yes, you! Stand still, laddie!"

Hate mail

Nije "Tullett Preborn" nego Tullett Prebon.
"You! Yes, you! Stand still, laddie!"

Pareski do

За ВБО и остале...

xjap

Pijanista

Jos dodj sliku koja pokazuje assets...

Hate mail

Well, I'm probably in the 0.001% top savers then.

Odo' ja sad malo da mucim crnce, jebes ti ovo...
"You! Yes, you! Stand still, laddie!"