Off-Topic: Messiah and the Market
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Name:   Talullahhound The author of this post is registered as a member - Email Member
Subject:   Messiah and the Market
Date:   3/24/2009 9:15:02 AM

I saw an interesting discussion about the Geitner plan for toxic assets. As I understood it, the success of the plan depends on the market being willing to buy assets currently valued at $.30 cents on the dollar, for $.70 on the dollar. This will help the banking system because it relieves them of the toxic assets, and people will want to invest in it because of the possibility of high gains. Although Wall Street loved it yesterday, it doesn't seem to pass the common sense test to me.
Am I understanding it correctly?
Other messages in this thread:View Entire Thread
Messiah and the Market - GoneFishin - 3/23/2009 9:13:36 PM
     Messiah and the Market - MrHodja - 3/23/2009 9:28:19 PM
     Messiah and the Market - Summer Lover - 3/24/2009 9:00:20 AM
          Messiah and the Market - Talullahhound - 3/24/2009 9:15:02 AM
     Messiah and the Market - Council Roc Doc - 3/24/2009 9:08:15 AM
     Messiah and the Market - Rob Roy - 3/24/2009 10:51:26 AM
     Yes that was great - water_watcher - 3/24/2009 4:31:46 PM
          Yes that was great - Talullahhound - 3/24/2009 4:43:42 PM
          Yes that was great - Talullahhound - 3/24/2009 4:43:43 PM
          Be Interesting to see - Talullahhound - 3/24/2009 4:48:33 PM
               Sorry - Talullahhound - 3/24/2009 4:49:59 PM
                    My dear friend Mr Hodja - GoneFishin - 3/25/2009 12:07:15 AM
                         I Will Have To Admit - MrHodja - 3/25/2009 7:49:36 AM
                              I Will Have To Admit - Summer Lover - 3/25/2009 8:41:46 AM
                                   Maybe - Talullahhound - 3/25/2009 8:44:56 AM
                                        Maybe - MrHodja - 3/25/2009 8:50:02 AM
                                        Maybe - Summer Lover - 3/25/2009 10:55:42 AM
     Messiah and the Market - MartiniMan - 3/25/2009 4:45:16 PM
          Messiah and the Market - Lady - 3/25/2009 5:20:04 PM
               Messiah and the Market - Summer Lover - 3/25/2009 5:24:12 PM


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