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<p>[QUOTE=&quot;GoldFinger1969, post: 25291150, member: 73489&quot;]What you see and hear about &quot;Wall Street&quot; and banks is usually by folks with an axe to grind and also a lack of financial acumen.</p><p><br /></p><p><b>Fact:&nbsp; there was no &quot;Wall Street bank&quot; bailout in 2008-09. </b> But the media continues to lie about it because they all regurgitate the same half-assed sources.&nbsp; The only banks &quot;bailed out&quot; were small community banks plus some non-bank companies which were &quot;bailed out&quot; to make the UNIONS whole (i.e, UAW).</p><p><br /></p><p>JP Morgan and Goldman Sachs each didn&#039;t WANT any TARP $$$.&nbsp; They were forced to take it at gunpoint.&nbsp; They paid it back each within 9 months. Citigroup may or may not have made it (I think they would have) -- <b><span style="color: #ff0000">but they got diluted to hell and the stock will need another 30 years to break-even if you owned it in 2007.</span></b></p><p><br /></p><p>Meanwhile....the Teamsters CSPF pension ponzi scheme got $36,000,000,000 from the Covid stimulus.&nbsp; Nobody lost their jobs...nobody was fired....no supervision (ERISA ???).....no payback period.</p><p><br /></p><p>Not a word in the press.&nbsp; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie103" alt=":yack:" unselectable="on" unselectable="on" /></p><p><br /></p><p><i>Guess which constitutency -- bank shareholders or Teamster retirees -- is more important in Michigan this November ?&nbsp; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /> <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie100" alt=":wideyed:" unselectable="on" unselectable="on" /></i>[/QUOTE]</p><p><br /></p>

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