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TARP Oversight Chair not sure where 350 billion went



 
 
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  #1  
Old June 7th 09, 01:58 AM posted to soc.culture.indian,sci.econ,soc.culture.usa,misc.invest.canada,alt.computer.consultants
fruitella
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Posts: 22
Default TARP Oversight Chair not sure where 350 billion went

http://www.youtube.com/watch?v=iIqT-anDh8Q

Surely they know where it went. It went towards paying off some
foreign govts who were demanding their money back for garbage morgage
backed securities sold to them as AAA investments.

Only some were paid off. Other foreign countries and even
institutions in america that bought these securities were not.

This selective paying off of some but not others is the reason why the
govt is pretending not to know where 350 billion went. Otherwise
everyone would demand their money back for being sold garbage.
  #2  
Old June 7th 09, 02:07 AM posted to soc.culture.indian,sci.econ,soc.culture.usa,misc.invest.canada,alt.computer.consultants
Rod Speed
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Default TARP Oversight Chair not sure where 350 billion went

fruitella wrote:

http://www.youtube.com/watch?v=iIqT-anDh8Q


Surely they know where it went. It went towards paying off some
foreign govts who were demanding their money back for garbage
morgage backed securities sold to them as AAA investments.


Pure fantasy.

Only some were paid off. Other foreign countries and even
institutions in america that bought these securities were not.


This selective paying off of some but not others is the reason why
the govt is pretending not to know where 350 billion went. Otherwise
everyone would demand their money back for being sold garbage.


Utterly silly conspiracy theory.


 




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