Jesse's Café Américain: Nationalize Banks

“I know there is a God — I see the storm coming and I see His hand in it — If He has a place for me then I am ready.”

John F. Kennedy, scrawled on a prayer breakfast program, NYT, May 15, 1964

Showing posts with label Nationalize Banks. Show all posts

23 February 2009

US Considers a 40% Ownership of Citigroup, Diluting the Common Shares

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Citigroup is the prime candidate for receivership. The only reason to continue this charade, other than to inspire us with confidence in the...

14 February 2009

Why Is There No Reform?

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First the reform of the financial system, and then the stimulus can find a footing. The existing level of debt obligations are too large and...

13 February 2009

Lloyd's Bank May Fail, Be Nationalized

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This is Lloyd's Bank, one of Britain's largest, but it is not the same as Lloyd's of London, now known as Lloyd's Internatio...

09 February 2009

When Will the Wall Street Money Center Banks Be Nationalized?

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"Most of the big banks need to be put into some form of bankruptcy and recapitalized, and I think everybody understands that." ...

01 February 2009

The Banks Are Making an Offer They Think that the People Cannot Refuse

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Better we tie off the bleeding wound now, nationalize the banks, and start again with an honest financial system, than pay one more cent of ...

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Jesse

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