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News Link • Economy - Economics USA

David Faber lets loose with his real opinion on Bank of America's new bailout

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1 Comments in Response to

Comment by Brock Lorber
Entered on:
The first rule is never to get emotional.

Back in Sept., Mark Haynes, Jim Cramer, and David Faber were emotional, and I laughed at them. I laughed at their emotion.

Now, I cannot convey the vehemence of the visceral reaction I just had watching that clip. Haynes and Cramer questioning that which literally brought them both to tears in September, and then Haynes saying, **QQ**You know, I wish I would have thought of it at the time. We should have given money to the bankers who were NOT in trouble.**QQ**

Mark, I**Q**ve got news for you. The money went to the banks that Paulson and Kashkari favored because THAT**Q**S EXACTLY WHAT YOU SAT IN FRONT OF A CAMERA AND BLUBBERED FOR! It went to the banks they determined were **QQ**not in trouble**QQ**!

But, I**Q**ve still got to ask, (and since you**Q**re in a reflective mood, Mark, you may even ask yourself) why do banks that are not in trouble need any taxpayer money?


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