The Moneyed Crowd Will Benefit
From The Taxpayer Bailout
'Dickie' Guggenheim still lives
off the bank dividends
The Fabulous Guggenheims
|
|
The Bailout Farce
The $700 billion figure is just a starting point, it will run into
trillions.
|
|
|
So What About The Banks?
Will the incompetents be fired? No they won't, but they will
continue to receive their million dollar bonuses.
|
|
|
|
|
Dividends On Preferred Stock
When a bank is started the original owners issue preferred stock,
and with it comes a hefty dividend. The Benjamin Gold trust may have
only paid $10 a share, and over the years the dividend appreciation
could be $5 a share.
The dividend on preferred is always paid, while common stock could
eliminate the dividend.
|
|
|
33 Banks Get $163 Billion
Half of that sum would go toward paying off shareholders over the
next three years. The Bush administration touted the bank bailout as
necessary to resume lending. But Treasury officials say the banks
would never accepted loans if they weren’t allowed to redistribute
dividends to shareholders.
5
The
Morgensteins of the South Hamptons
contend they provided a great service, and shouldn't be penalized for
poor market conditions.
|
|
|
|
|
Chuck Schumer Is A Crusader
Democratic Senator Charles Schumer of New York is calling for the
suspension of dividend payments at bailed-out banks.
These are the type of people you can trust! If Chuck says he will
crack down on fellow Zionists, that is written in stone.
|
|
|
Benjamin Guggenheim
Benjamin is said to be the bravest
soul on the Titanic. It was said this multimillionaire gave his
lifeboat seat to a maid.
Jakob Astor was also a hero.
|
|
|
|
|
|
Half of Bank Bailout Money Going to Shareholders
Meanwhile, the Washington Post reports major US banks are on pace to
spend more than half their bailout money on rewarding their shareholders. The
thirty-three banks are set to receive some $163 billion in government
bailouts.
No comments:
Post a Comment