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Why Banks Fail
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Why do banks fail? Open discussion about the current economic situation
Recent Posts Tagged With 'tarp'
TARP – Part Two
One lesson we learned from the plane crash in New York this week; Don’t open all the doors as it will only make the ship sink faster. Too bad it’s a lesson congress skipped out on. The Senate vote of 52 to 42 allowing the remaining $350 b...
$825 Billion Stimulus package – keep printing Uncle Sam
Turns out the bailout of the nations banks is not enough. We now are going to inject cash directly into the hands of, well everyone expect the people who need it. We at Whybanksfail have our own stimulus plan, called; Give the money back to the t...
A good thing is never enough, Bank of America to get more Bailout dollars
Buy low, sell high. It’s the mantra of smart investing. But how do you know something is at its bottom. In the financial crisis of 08/09, I would not want to be making those bets. The problem is that money is getting thrown around, and good money ...
Naming Names – TARP – who’s watching your money
What’s the best place to put a secret? In plan sight. The funny thing about information is that if you make it available and don’t trying to hide it behind some veil, people general are to accepting that they don’t even realize that somethi...
TARP not working – Big Surprise
Well folks, can’t say we did not say so, but it seems that the President Elect might be reading Whybanksfail (WE WISH). Looks like TARP is really CARP, sorry CRAP. “Barack Obama’s economic team is considering an overhaul of the $700 bil...
Bailout Details for Citigroup, Guarantees on $306 Billion
In an effort to keep Citigroup, Inc (NYSE: C 3.77 11/21/08) afloat, the US government announced a plan to make available guarantees on over $300 billion of troubled mortgages and other assets after a week were Citibank lost more then 60% of its value...
