Re: PBS NewsHour report on bailout

2008-09-25 Thread John Williams
Julia Thompson <[EMAIL PROTECTED]> > I was wanting a "Trix are for kids!"-type line right after that. That was what I was thinking too, but inspiration did not strike. The whole subject just makes me too sad. WSJ did a poll the other day and more than 75% of the respondents thought the bailout

Re: PBS NewsHour report on bailout

2008-09-25 Thread Julia Thompson
On Thu, 25 Sep 2008, John Williams wrote: > Bruce Bostwick <[EMAIL PROTECTED]> > > >> Except they're not major stockholders anymore. Private ownership is >> onlt 20% of AIG's stock now, the Fed owns 80% and thus can veto any >> shareholder buyout if it wants to. (Unless that changed in the pas

Re: PBS NewsHour report on bailout

2008-09-25 Thread Julia Thompson
On Thu, 25 Sep 2008, Bruce Bostwick wrote: > On Sep 24, 2008, at 9:03 PM, John Williams wrote: > >> We had AIG turn down three offers to buy the company because they >> thought they would get a better deal from the government. It turned >> out they didn't get the better deal from the government.

Re: PBS NewsHour report on bailout

2008-09-25 Thread John Williams
Bruce Bostwick <[EMAIL PROTECTED]> > Except they're not major stockholders anymore. Private ownership is > onlt 20% of AIG's stock now, the Fed owns 80% and thus can veto any > shareholder buyout if it wants to. (Unless that changed in the past > few days and I missed it.) It is ironic,

Re: PBS NewsHour report on bailout

2008-09-25 Thread Charlie Bell
On 25/09/2008, at 10:37 PM, Bruce Bostwick wrote: > On Sep 24, 2008, at 9:03 PM, John Williams wrote: > >> We had AIG turn down three offers to buy the company because they >> thought they would get a better deal from the government. It turned >> out they didn't get the better deal from the gover

Re: PBS NewsHour report on bailout

2008-09-25 Thread Bruce Bostwick
On Sep 24, 2008, at 9:03 PM, John Williams wrote: > We had AIG turn down three offers to buy the company because they > thought they would get a better deal from the government. It turned > out they didn't get the better deal from the government. Now the > stockholders suddenly woke up and s

Re: PBS NewsHour report on bailout

2008-09-24 Thread John Williams
John Garcia <[EMAIL PROTECTED]> > I thought that some might find this transcript interesting. > Paul Krugman and Allan Meltzer actually agree on something! > > http://tinyurl.com/4s9tgj Thanks for the link! That was an interesting interview. I think Meltzer made a good point here: ALLAN MELTZE

PBS NewsHour report on bailout

2008-09-24 Thread John Garcia
I thought that some might find this transcript interesting. Paul Krugman and Allan Meltzer actually agree on something! http://tinyurl.com/4s9tgj john ___ http://www.mccmedia.com/mailman/listinfo/brin-l