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Frontline on PBS: "Breaking the Bank" Frontline on PBS: "Breaking the Bank"
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Old 06-17-09, 11:48 AM   #1 (permalink)
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Frontline on PBS: "Breaking the Bank"
did anyone watch it?

let's discuss...
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Old 06-17-09, 11:51 AM   #2 (permalink)
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Re: Frontline on PBS: "Breaking the Bank"
I found it to be very informative. but I think they were being a bit bleak with their forecasting.
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Old 06-17-09, 12:03 PM   #3 (permalink)
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Re: Frontline on PBS: "Breaking the Bank"
Any links? I'd like to know whats up.
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Old 06-17-09, 12:09 PM   #4 (permalink)
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Re: Frontline on PBS: "Breaking the Bank"
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Originally Posted by NoKegger4U View Post
I found it to be very informative. but I think they were being a bit bleak with their forecasting.
i didn't really grab any of the forecasting..

i thought it was a pretty interesting showing of how the government basically forced the TARP money onto them (banks) to essentially nationalize the banks. forcing the merger between ML and BoA. ML sneaking in the comps... BoA head guy not wanting to go thru with it, but essentially threatened to lose his job if not (by the feds). going thru with the deal and then getting thown under the bus by Congress and then losing his job anyways.

there were some pretty strong words and issues last night.
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Old 06-17-09, 12:12 PM   #5 (permalink)
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Re: Frontline on PBS: "Breaking the Bank"
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i didn't really grab any of the forecasting..
lol

i was totally bullshitting. i have no idea what this thread is about.
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Old 06-17-09, 12:13 PM   #6 (permalink)
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Re: Frontline on PBS: "Breaking the Bank"
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lol

i was totally bullshitting. i have no idea what this thread is about.
i knew you didn't watch it.. they weren't wearing flip flops and man purses.
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Old 06-17-09, 12:15 PM   #7 (permalink)
 
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Re: Frontline on PBS: "Breaking the Bank"
Which is exactly why many are doing their best to repay TARP.

But hey... theres nothing wrong with a little govt liquidity to completely manufacture an equity rally.

The turn is close... and it will be ugly.
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Old 06-17-09, 12:17 PM   #8 (permalink)
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Re: Frontline on PBS: "Breaking the Bank"
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i knew you didn't watch it.. they weren't wearing flip flops and man purses.

then what's the point?!?!?!
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Old 06-17-09, 12:20 PM   #9 (permalink)
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Re: Frontline on PBS: "Breaking the Bank"
Quote:
Originally Posted by david austin View Post
Which is exactly why many are doing their best to repay TARP.

But hey... theres nothing wrong with a little govt liquidity to completely manufacture an equity rally.

The turn is close... and it will be ugly.
i can't believe how much money is about to default and it's not even on any news radar. more fuel for John Stewart to pwn CNBC and all...

so many balloon payments coming due...

no bueno.
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Old 06-17-09, 12:30 PM   #10 (permalink)
 
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Re: Frontline on PBS: "Breaking the Bank"
Quote:
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i can't believe how much money is about to default and it's not even on any news radar. more fuel for John Stewart to pwn CNBC and all...

so many balloon payments coming due...

no bueno.

Now why in the world would the media want us to think everything is a-ok?

LOL

Dont worry about all of this stuff... just be sure you put your order in on a new iphone!!
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Old 06-17-09, 12:31 PM   #11 (permalink)
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Re: Frontline on PBS: "Breaking the Bank"
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Dont worry about all of this stuff... just be sure you put your order in on a new iphone!!
That reminds me. I need to make sure to get the update today.

Thanks, DA!

Hey, is this shit on Hulu? I want to watch it damn it!
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Old 06-17-09, 12:32 PM   #12 (permalink)
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Re: Frontline on PBS: "Breaking the Bank"
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Now why in the world would the media want us to think everything is a-ok?

LOL

Dont worry about all of this stuff... just be sure you put your order in on a new iphone!!
hahaha

/lights Partagas 150 with $100 bills
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Old 06-17-09, 12:43 PM   #13 (permalink)
 
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Re: Frontline on PBS: "Breaking the Bank"
a slightly more clever approach than Chavez but no doubt the same thing.

go team.
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Old 06-17-09, 01:50 PM   #14 (permalink)
 
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Re: Frontline on PBS: "Breaking the Bank"
Quote:
Originally Posted by david austin View Post
Which is exactly why many are doing their best to repay TARP.

But hey... theres nothing wrong with a little govt liquidity to completely manufacture an equity rally.

The turn is close... and it will be ugly.
So what about this stress test the govt. supposedly put these banks who want to pay back the TARP funds through? Sham or what.
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Old 06-17-09, 02:04 PM   #15 (permalink)
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Re: Frontline on PBS: "Breaking the Bank"
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Hey, is this shit on Hulu? I want to watch it damn it!
link to episode...

http://tinyurl.com/ldq2wc
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