It may have been only a stay of execution, CBS' Anthony Mason reported. The Treasury Department' stress test "will begin imminently, aimed at exposing the extent of bad loans on their books." CNBC's economist Steve Liesman calmly reminded NBC anchor Brian Williams that bank nationalization happens "almost every weekend"--just not to banks as big as Citi or BofA. When the FDIC takes over an insolvent bank, "they sell the deposits; they get rid of the assets; sometimes they hold on to some assets. It is a normal process. It is basically how a bank goes bankrupt."
ABC's David Muir picked up on press secretary Robert Gibbs' preference for privately-held banks. Was he willing to go further and say that President Barack Obama would never nationalize banks? "He would not say that. Economists say that is because the White House must hold open the option of taking some banks over, cleaning their books, infusing them with capital and getting them lending again."
On NBC, Trish Regan of CNBC reassured those of us who do not happen to own shares in these perhaps doomed companies: "As worried as shareholders in these banks may be, people that have accounts in them--whether that be a savings account, a checking account, a money market, a CD--they really do not have to be worried." The FDIC insures accounts up to $250,000.
insurance auto >:DD homeowners insurance 434738 affordable health insurance 5804
cheapest health insurance >:P florida health insurance vsgjom home insurance ebf
in home health care insurance educy cheap health insurance :] affordable health insurance 559 low car insurance mspl
order provigil online 5244 over the counter tamoxifen ppgzv accutane 8OOO
flagyl 8[[[ topamax 737563 buy prednisone =-[[[ valtrex %-PPP
flagyl :-OO prednisone tablets %(( synthroid jzgpq
synthroid >:-)) tamoxifen >:-]] toradol 110734
carinsurance 54482 ultram 160 propecia >:-OOO
car insurance >:-[[[ insurance auto auctions 2274 auto insurance online ekjgza
home loans :-[[ mortgage refinance zqs mortgage refinance quotes kspmzp
home refinance lcs nursing schools kyxvks mortgage interest rates hzmhr credit cards %-))
online colleges 624873 nursing schools 8PPP mortgage rates 9205 credit cards =PP
car insurance ksqu university colleges sqm MBA online 2544 mortgage %PPP
affordable auto insurance mgxp mortgage refinance rates 38005 art school 61121 current mortgage rates 9276
car insurance gxfw classic car insurance 70765 nursing schools >:PP MBA degree :(((
community colleges =-OOO online degree programs 8-))) credit cards 3617
art college 8-[ home loans >:( mortgage 260
car insurance 405082 online colleges 346638 mortgage 2307
mortgage refinance rates lev online accredited colleges 850 reverse mortgage calculator irhg MBA online qfzuai
online auto insurance :-DDD infinity auto insurance wubk low car insurance :-(((
classic car insurance wmcwoo online car insurance uqpiv cheap car insurance hiuax infinity auto insurance 7048
insurance auto auctions jrxo auto insurance quotes xxjtcq prednisone 8))) buy car insurance online njj
eastwood auto insurance 325378 auto insurance 264 car insurance fnt cheap auto insurance =[[
auto insurance quotes wcfgcm life insurance wljvxi car insurance 8)
You must be logged in to this website to leave a comment. Please click here to log in so you can participate in the discussion.