ST Alpha - ""both unconscionable and moronic"...I like it! -- nm" (Reading a Post)

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"both unconscionable and moronic"...I like it! -- nm

Posted by znufrii, elitist (aka znufrii) Oct 21 '08, 10:01

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Responses:

it's absurd that these banks are paying out money as dividends while taking a government handout. there's no good reason for it....nm - x Oct 21, 10:03 9
- Okay, I'll gladly concede if I'm wrong about this because I'm not too keen ont he bailouts to begin with, but I have to ask... - Name Withheld By Request Oct 21, 10:14 3
  - Dividends ought to be given out when the corporation is doing *well* -- nm - con_carne Oct 21, 10:17 2
    - Again, no argument against that under normal circumstances, but isn't the whole bailout a concession that it's no longer normal circumstances? -- nm - Name Withheld By Request Oct 21, 10:21 1
      - '"normal circumstances' are what got the banks into this mess in the first place... -- nm - znufrii, elitist Oct 21, 10:27
- I totally agree. - znufrii, elitist Oct 21, 10:05
- Congress needs to pass a new law immediately that the bailout money can not be passed through as dividends. - ty97 Oct 21, 10:05 2
  - bwahahaha. Good one. -- nm - Don Homer Oct 21, 10:11
  - the uk's bailout plan does exactly that. any profits have to go back to the taxpayer first before there's any sort of dividend payout.... - x Oct 21, 10:10
- I agree and yield the balance of my time to Representative Cranky -- nm - crash davis Oct 21, 10:04

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