Are the government bailouts in the finance/banking sector the beginning of “socialized banking”?
They call it "Nationalized Banking" instead of Socialized Banking.
The government is bailing out AIG and Citi and the government ends up owning some/most of these companies. What is the impact of this? Why do we want socialized banking now?
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Are banking CEO’s paid so much because they have connections and skills of driving up stock prices?
It is not about profitability and normal expectations, but it is about manipulating a entity like AIG or BOA to get higher stock prices. They are able to use connections in many area, like the media and the Fed, to gain favorable ratings and manipulate the stock market. That is the essential problem, however. Enron [...]
What is the connection beyween credit default swaps and the current banking crisis?
Is it true that CDS’s are to blame for the failure of Lehman Brothers and the near bankrupcy of AIG?
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Stockmarket question…?
When i sell my AIG stock, will the stock sell immediately, AT THE TIME when i sell the stock and the stock price AT THAT TIME, or will it sell at the price at 4:00pm which is the time the stock market closes?
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What’s the difference between bonds and notes?
My broker said that I had Lehman Brothers Bonds, but my paperwork says Lehman Brothers Notes. Are they the same thing? I had a substantial amount invested with them. What do you think I will see on my dollar, if anything? Also, why did the Govt bail out Freddie Mac, Fannie [...]