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When the government takes over a bank do the taxpayers own the assets of that bank?

6 hours ago ago from Tarps keep you dry

Circe asked: > >If we are assuming all of the losses do we also get the assets? Is the Government in the real estate business now? What happens to all the property held as collateral? > This entry was posted on Friday, December 18th, 2009 at 1:06 pm and is filed under Uncategorized . You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response , or trackback from your own site.

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Dow Jones Creeping Up to 5 Digits Yet Again

2 hours ago ago from Forex Trading Directory, Forex Market, Forex Company, Foreign Exchange

It is only a number the stock market equivalent of an appliance chain's millionth customer, or the gazillionth hamburger served at McDonald's. Still, the Dow, which closed up 124.17 points, at 9,789.36, on Monday, is within reach of 10,000. Who would have thought? At the depths of Wall Street's crisis, when traders were despairing and shares of Citigroup were trading for just over a dollar, Dow 5,000 seemed a likelier prospect than ...

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Wow. Busy Girl.

15 hours ago ago from La Di Da!

Dear Santa... Dear Santa, This year I've been busy! Last Friday I ruled Asscrackistan as a cruel and heartless dictator (-700 points) . Last Monday I put gum in happymusic22 's hair (-12 points) . Last Wednesday I helped shipwreck1973 hide a body (-173 points) . Last Tuesday dead_sexydexy and I robbed a bank (-50 points) . Last week I donated bone marrow to utkari02 in a life-saving procedure (300 points) . Overall, I've been naughty ...

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Economic crisis in the USA

21 hours ago ago from Dear Kitty. Some blog

Fourteen months after Congress authorized the $700 billion Troubled Asset Relief Program, the Obama administration is allowing the last of the big banks to repay their TARP funds and escape the token restraints on executive pay and bank operations that were imposed in return for the taxpayer bailout: here . This video is the film The Ground Truth: The Human Cost of War. The massive military appropriations bill, including $128 ...

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Meltdown Far From Over, New Mortgage Crisis Looms (AP)

18 hours ago ago from Your Unit Trust and Insurance Consultant

Source : Click here Thursday November 27, 1:17 pm ET By Matt Apuzzo, Associated Press Writer Malls, hotels next victims in mortgage crisis as signs show meltdown far from over WASHINGTON (AP) -- The full scope of the housing meltdown isn't clear and already there are ominous signs of a new crisis -- one that could turn out the lights on malls, hotels and storefronts nationwide. Even as the holiday shopping season begins in full swing, ...

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