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To bail out those that led us down to the Road of Perdition?  Fuck that shit.

Does that make you all feel 'real Pragmatic'?  To have the Audacity of Hope, to tell your own fellow Democrats, to STFU, and don't rock the boat, because in the end, what matters most is that 'we must win'?

Who do you think we have won?  The Republicans are getting away with 'Blackmailing our nation and our President' and what he refusing to stand up to that?  Oh, right, the Cat Food Commission.  The next two to three years of the Bush extended Tax cuts, who robbed us blind in the Great Heist of 2008, and about to rob us blind, again.  Such a deal, such a lie, such a pragmatic bullshit argument, such is the total rationalization, and coward politics, that play into the argument of not why the Republicans are getting away with destroying our nation, as sanctioned by the lies we continue to tell ourselves.

Fed reveals scope of use of emergency aid programs during financial crisis

Jeannine Aversa, The Associated Press Dec 01, 2010 16:31:40 PM
WASHINGTON - The U.S. Federal Reserve revealed details Wednesday of more than $3 trillion in emergency aid it provided to U.S. and foreign financial institutions — including all of Canada's major banks — during the financial crisis.

Newly released documents show that the most loan money over time went to Citigroup ($2.2 trillion), followed by Merrill Lynch ($2.1 trillion), Morgan Stanley ($2 trillion), Bank of America ($1.1 trillion), Bear Stearns ($960 billion), Goldman Sachs ($620 billion), JPMorgan Chase ($260 billion) and Wells Fargo ($150 billion). Many of the individual loans they took were worth billions and had short durations but were paid back and renewed many times.  Merrill Lynch was later acquired by Bank of America, while Bear Stearns collapsed and was sold to JPMorgan.  Among the largest foreign bank recipients were Bank of England, Swiss National Bank, Barclays and Bank of Japan.

http://www.680news.com/...

But still I think in my heart for truth tellers on this site: that we were built on and 'used to respect and honor' are people like OPAL, and Dallas Doc, and Nyceves, an Bink, and bobswerve, and Pluto, and my old friend xanxado...(sorry if I spelled all you names wrong, I am dyslectic,) but that does not matter in this diary to me...

I think the only central questions are these:

Why do we believe ourselves?  Keep dividing each other, without asking the courage to ask the real questions, why has that become the Ultimate Sin on this Site?  When did that become ok?  When did the word Pragmatic become just another Clinton triangulation to destroy what Reagan destroyed, when he sat out to destroy the Unions, beginning with Reagan?

Amidst the continued outpouring of praise for Ronald Reagan, let's not forget that he was one of the most anti-labor presidents in U.S. history, a role model for the virulently anti-labor George W. Buah, publican presidents never have had much regard for unions, which almost invariably have opposed their election. But until Reagan, no GOP president had dared to challenge labor's firm legal standing, gained through Democratic President Franklin D. Roosevelt in the mid-1930s.

Reagan's Republican predecessors treated union leaders much as they treated Democratic members of Congress -- as people to be fought with at times, but also as people to be bargained with at other times. But Reagan engaged in precious little bargaining. He waged almost continuous war against organized labor. He had little apparent reason to fear labor politically, with opinion polls at the time showing that unions were opposed by nearly half of all Americans and that nearly half of those who belonged to the unions had voted for him in 1980 and again in 1984.

Reagan,in any case, was a true ideologue of the anti-labor political right. Yes, he had been president of the Screen Actors Guild, but he was notoriously pro-management, leading the way to a strike-ending agreement in 1959 that greatly weakened the union and finally resigning under membership pressure before his term ended.

....

http://www.dickmeister.com/...

So called Democratic Pragmatists fools on this site,.are only making excuses for our own President now.  How can they dare to abide to dare it all 'acceptable behavior when it never was and never shall be?'

Their rationalizations and lies, call for one was a great party to be to deeply silenced, who will never admit, ever who led us to this silent weak state of cowards, who were and are all being bought off, and still have the the moral destruction of the very poor of this nation:

these so called Democrats, call it all..........Legal....they call it all, the new law of the land, they dare to call it with not once with a fucking ounce of compassion for those that have paid the greatest cost of all..being a Pragmatic Democrat.

The message in these past few days has been clear: Don't rock the boat, don't questions President Obama's motives of policies, don't ask why, and above all, don't disagree with him, because it is perfectly ok that he is not and never had really fought for Main St./the Middle Class, and again and again does the same things: He hides behind the shadows, he sends out nothing more than 'trail balloons', he refuses to ever draw a line in the sand on any real issues, he refuses, to stand up for the millions of Americans: his base, the independents, the Reagan cross overs, the millions and millions that, most esp. the next two generations of new Democrats/Latinos/Gays and DADT who depended upon him, to fucking step up to the plate are all done with him. (Note I'm not even reading letting Bush/Cheney off of the War Crimes or Katrina or the horrifying BP destruction of the Gulf)..

Yes, I know the long list of what Obama has tied to pass, but this is has been nothing more than a bone with no meat on it.  And yes, I know why none of this is being passed, and who is blocking his movements.  He was never a progressive, and he was never capable of strong leadership.  He had never been capable of real confrontation, and he never will be.  Some may that call that pragmatic politics, I do not, and never will.  Leadership requires and always does: and down a dirty knocking of heads together, it requires, true movement in our nation, it requires, not just a true agenda, a vision, a plan, but the fucking balls to know where you are going and why you are going there.  It is an ends to a means, and the means for all great leaders to put country and the people of this nation first and foremost, not last and divided, and angry and confused.  It requires, most of all, a President who does hand back in the shadows, when he was given the greatest mandate on a silver platter by the former great leaders of our Democratic party.   The excuses have worn deceptively thin and no longer can hold true for this President.

The other argument is real: The Republicans don't give a shit anymore, and never did, and again, like I've said so many times:  The Rules of Engagement Have Changed: We should have learned that when Bush stole the Presidency over Gore, and lied us into where we are now....When the Supreme Court gave the Corporations, a full vote as people..When Bernanke, gave a full tilt boogie to bail out all his friends, as during the last three months when Bush/Paulson left the White House...the Shock Doctrine......When time and time again, we Democrats, who are loving and decent people did not get the fucking message: The Republican cut throats are just that, they will use their fake Christian perverted family values, (hiding behind their own homophobic MIC coffers, and they will all bring down the Democratic party, most of all an African American President) The only thing the Tea Party Sarah Palin bullshit was all about was just another extension of Karl Rove and Fucking Dick Head Army (nothing more, nothing less hiding behind a new 'Woman's Army of where they were all going in the first place).  

And it all got laid it all the most perfect candidate in our nation, a new transformational Candidate: who is he?  that is my question to you tonight.  Before you dare to call me a racist, then I suggest you read the most personal diary I ever did in my life on this site, because it was a very hard diary for me to write:

http://www.dailykos.com/...

Thankful for My Dad Today, A True American Hero Who Taught Me About the Freedom Riders.

I know who I stand up for my party, I know who I am as a person.  I've been fighting for my own party, the Democratic party for 4 decades.  Like Meteor Blades, and OPOL, I marched for Civil Rights in the 60's.  Like others on this site I marched for my brothers and sisters in the Vietnam War, like others in this site I marched for the Unions, like others on this site I marched for so much, and you know why?  

I believe and will always believe that the Democratic Party is the best fucking thing that ever happened to our nation, ever....and no one can ever tell me different.  It is always and shall always be bigger than any President we will ever elect.  It is not about our candidates, or Presidents... it is about 'us'....and if we must never forget that.

There are a million reasons our party platform got lost in the fray of money, and those that no longer abide for the basic three pronged stool of government in a Democracy: Laws are based on ethics, morality and humanity.  Somehow we lost all that.  These basic qualities, are what maintains all civilized societies, the Greeks, Romans and other great societies understood this:

For any civilized society to survive, there must be a strong element of what is called the 'Public Trust'...otherwise, we simply fall into utter
chaos, destruction, anarchy, or deep, deep reactionary politics.

Here is another reality check:

I wish it were not so, I really do, but now I feel our own party has a great new choice to make, don't we?

What do you think that choice will be?  

I welcome this debate, and...

I thank you as always..

Ms. B.

 

unless,  but the real truth is President Obama, is either the biggest Sock Puppet of them all, or we are still waiting for him to accept his great, great destiny, of one last great President.

 

How dare they do this.  

Originally posted to Badabing on Thu Dec 02, 2010 at 02:04 AM PST.

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Comment Preferences

  •  BUSH gave Goldman & Bear Stearns that money! (9+ / 0-)

    Your diary makes it seem like Obama did, which is simply not true.

    I ♥ President Barack Obama.

    by ericlewis0 on Thu Dec 02, 2010 at 02:19:23 AM PST

    •  It covers both administrations, 12/07 thru 07/10. (19+ / 0-)

      The documents detail more than $2 trillion the Fed lent through eight programs from December 2007 to July this year to ease a credit crisis.

      Also, IIRC the House voted down the initial Hank Paulson bailout. The Bush White House and President-elect Obama then went to work twisting arms on both sides of the aisle to get the House to reconsider and pass the bailout a few days later.

      The Dutch kids' chorus Kinderen voor Kinderen wishes all the world's children freedom from hunger, ignorance, and war.

      by lotlizard on Thu Dec 02, 2010 at 02:28:41 AM PST

      [ Parent ]

      •  No, the House passed TARP on... (3+ / 0-)

        Oct. 3, 2008, Sen. Obama voted for the bill.

        I propose a toast, knowing that our ties subsist because they are not of iron or steel or even of gold, but of the silken cords of the human spirit. 11/9/10

        by BarackStarObama on Thu Dec 02, 2010 at 02:45:41 AM PST

        [ Parent ]

        •  TARP was the *first* of the eight programs, but (11+ / 0-)

          … I'm sure I remember President-elect Obama arm-twisting on behalf of some bailout measure—perhaps one of the other seven?

          The documents detail more than $2 trillion the Fed lent through eight programs from December 2007 to July this year to ease a credit crisis.

          The Dutch kids' chorus Kinderen voor Kinderen wishes all the world's children freedom from hunger, ignorance, and war.

          by lotlizard on Thu Dec 02, 2010 at 03:06:33 AM PST

          [ Parent ]

        •  He left the campaign trail to (10+ / 0-)

          WHIP TARP through the Senate, AND he voted for the bill.

          Don't tax the rich, starve the poor.

          by dkmich on Thu Dec 02, 2010 at 03:16:44 AM PST

          [ Parent ]

        •  This is not TARP (7+ / 0-)

          This is a report of already existing Fed programs for assisting banks.

          This is the information that one of the members asked the deputy chair of the Fed for and he refused to provide it.  So the Congress wrote into the financial reform bill a provision requiring the Fed to publish this information on a one-time basis.

          All of these "facilities" have been normal operating programs of the Fed that have been in place for some time.   There are about a dozen of them, some with foreign central banks, others with banks and listing counterparties as other banks, others with banks listing financial management firms like Goldman Sachs, Blackrock, or others.

          It's worthwhile to go to the Fed website and look at the actual data.  It is a series of spreadsheets that you can download and run different calculations on it.  It does not provide rollups by institution, just transactions by institution and date, and overall totals.

          50 states, 210 media market, 435 Congressional Districts, 3080 counties, 192,480 precincts

          by TarheelDem on Thu Dec 02, 2010 at 05:28:51 AM PST

          [ Parent ]

          •  Hmmm (0+ / 0-)

            mutter mutter mutter OUTRAGE! mutter mutter mutter.

            "You have attributed conditions to villainy that simply result from stupidity"

            by newfie on Thu Dec 02, 2010 at 06:04:49 AM PST

            [ Parent ]

            •  You really want outrage? (4+ / 0-)
              Recommended by:
              Badabing, Tam in CA, Ezekial 23 20, laker

              These banks have received loans at less than 1% and yet most folks' credit cards rates are between 10% and 25%.  That's a tidy spread.

              50 states, 210 media market, 435 Congressional Districts, 3080 counties, 192,480 precincts

              by TarheelDem on Thu Dec 02, 2010 at 06:43:26 AM PST

              [ Parent ]

              •  Umm (0+ / 0-)

                gee  I wasn't really in the market for outrage.  Now what will I do with this extra outrage?  I know.... outrage pie.

                It is obscene what these financial institutes do with unfettered access to nearly free money.  Not sure why "we" would think that corporations set up to make as much money for the corporation and it's investors would default to doing ethical and moral things with that nearly free, not many strings attached money.

                Yet you can find historical examples of companies making a good deal of money AND taking care of their employees in ethical and moral ways.

                "You have attributed conditions to villainy that simply result from stupidity"

                by newfie on Thu Dec 02, 2010 at 06:55:01 AM PST

                [ Parent ]

        •  TARP was pocket change compared to the money (8+ / 0-)

          that the FED has been shoving out the back door.  Goldman Sachs converted from an investment bank to a commercial bank in order to qualify for these loans.  They take this money(at almost 0 interest) invest it, make a killing and then pay it back while pocketing the enormous profits.  The average American is being squeezed to death by what they are doing, driving commodity prices up, etc and all with taxpayer money.  

          "New TSA slogan: can't see London, can't see France, unless we see your underpants."

          by lakehillsliberal on Thu Dec 02, 2010 at 05:38:26 AM PST

          [ Parent ]

          •  And, the small businesses the Republicans (0+ / 0-)

            claim are the backbone of our economy can't get a loan to cash flow their operations, and thus have to shut their doors. Millions of Americans are out of work, about to be thrown into the streets in the dead of winter when their unemployment insurance benefits run out while the assholes in Congress -- almost all of them -- and President Obama debate tax cuts for billionaires. Disgusting.

            Tax cuts for everybody, but no EXTRA tax cuts for the rich.

            by RJDixon74135 on Thu Dec 02, 2010 at 06:00:51 AM PST

            [ Parent ]

        •  TARP was for public Consumption (2+ / 0-)
          Recommended by:
          Badabing, Tam in CA

          As Far as TARP, I do give you credit for now saying that was a Bush and Paulson plan that Obama voted for which is  opposite of what most Obama defenders would suggest as they are totally immersed in the idea that Obama single-handedly saved the Nation from Depression with the TARP program.

          The real money came when Obama took office and Geithner, Summers and Bernanke came up with the multiple bail out programs under various acronyms that all together meant "banks get the money, the middle class gets the shaft".

          With trillions involved, It would be hard for anyone to swallow that Obama was blissfully unaware or ignorant . He is much smarter than I am and I figured all this out with a few hours of research. Which means he could have figured it out with much less time. Who wouldn't want to figure out why trillions of dollars were being printed and who it was going to?

          Badabing's diary expresses my thoughts on the matter much better than I could. I have been angry about this for a long time. Obama had a small window of opportunity to finally crush the banks stranglehold on the nation. Not only did he pass, he went to "11" on giving them all they could eat multiple times. His advisers are there to advise. One saying that Reagan should be credited for (or the speechwriter) is "Trust but verify" . He didn't do that. He managed by splitting the difference and then finally got rid of the other side, the progressives, until there was only one side, his.

          This is what happened when an inexperienced person is put in the White House. Bush had no idea what TARP was all about. Just like when he was the salesman for the Texas Rangers, his job was to sell the plan even though it was totally outside of his brain. As long as he has a script, he would sell it.

          Then we look at Obama who essentially got in office by saying he wouldn't have voted for the Iraq war. That purportedly showed he had good judgment. That was the offset for lack of experience and a comeback for "ready from day one" all  on a vote he never made.

          There are sales people and there are con artists. The primary differences are a good salesman will make a sale, follow through to make sure that his promises were kept, take care of any problems that arose after the promise was delivered and most importantly fight for his customer.

          A Con artist makes the sale to the greedy and needy.
          Then when he gets the money he never delivers on his promises. Most of the time he is gone unless the mark is so gullible that he can continue to hit them up for more money and still not deliver.

          Selling is part and parcel of being a professional politician. They have to be willing to fight for the people who voted for him and  make delivery if he wants to see another term. The last thing he would do is insult them and not bother with the promises except delivering some legislation that had no teeth.  

          So which one is he? Salesman or Con Artist. I don't know about you but I feel like a mark, not a customer.

          The report from the Fed just confirms what a lot of us already knew. We've been had. Many here tried to to explain that TARP was just a fractional down payment on the real money. But no one would listen. Are you listening now?

    •  I never said that, why are you saying that? (4+ / 0-)
      Recommended by:
      gmb, Tamifah, gerald 1969, elwior

      take a look at the link ok?

      •  Here is the link ok ericle? (12+ / 0-)

         

        Fed reveals scope of use of emergency aid programs during financial crisis

           Jeannine Aversa, The Associated Press Dec 01, 2010 16:31:40 PM
           WASHINGTON - The U.S. Federal Reserve revealed details Wednesday of more than $3 trillion in emergency aid it provided to U.S. and foreign financial institutions — including all of Canada's major banks — during the financial crisis.

           Newly released documents show that the most loan money over time went to Citigroup ($2.2 trillion), followed by Merrill Lynch ($2.1 trillion), Morgan Stanley ($2 trillion), Bank of America ($1.1 trillion), Bear Stearns ($960 billion), Goldman Sachs ($620 billion), JPMorgan Chase ($260 billion) and Wells Fargo ($150 billion). Many of the individual loans they took were worth billions and had short durations but were paid back and renewed many times.  Merrill Lynch was later acquired by Bank of America, while Bear Stearns collapsed and was sold to JPMorgan.  Among the largest foreign bank recipients were Bank of England, Swiss National Bank, Barclays and Bank of Japan.

        http://www.680news.com/...

        You know what cracks me up?

        We were all pissed off about AIG giving Goldman Sachs $ 13 Billion, but now what?

        OMFG...It was really $ 620 billion....how does that stick in your craw?

        You dare to call me on Blaming Obama?

        Wow....

        These are the facts that are coming on now, I'm just trying to get the news out.

        but thanks for you comment.

        Ms. B.

        •  You've disliked POTUS for a loooong time. (1+ / 0-)
          Recommended by:
          BarackStarObama

          remember this diary of yours?:

          He was never a progressive, and he was never capable of strong leadership.  He had never been capable of real confrontation, and he never will be.  Some may that call that pragmatic politics, I do not, and never will.  Leadership requires and always does: and down a dirty knocking of heads together, it requires, true movement in our nation, it requires, not just a true agenda, a vision, a plan, but the fucking balls to know where you are going and why you are going there.

          Oh wait - that's this diary. blech. Surprised you didn't mention man pants.

          I ♥ President Barack Obama.

          by ericlewis0 on Thu Dec 02, 2010 at 02:45:14 AM PST

          [ Parent ]

          •  And I still stand by that, ok? He has had no (11+ / 0-)

            real stand on most issues, he lost HRC and sold us out on that just as he sold us out on the Financial Regulatory Bill...

            He's been AWOL, all the way, or is that too hard for you to deal with?

            •  well since most people don't know difference (3+ / 0-)

              between TARP and STIMULUS, it only makes sense that they would selectively not remember that Bush - Paulsen initiated the TARP payouts, no questions asked.

              You can't call TARP a bailout or loan or anything else, as it was fucking hush money bestowed on those that were deemed worthy by Hank Paulsen and W.

              Obama inherited a shitload of miserable misdeeds from our greatest president ever ''W'' who will never pay a price and will continue to reap accolades where ever he goes. MSM rewrite of history is truely amazing.

              And as for the transparency shit, one will never, ever know what Hank really did with all those billions, cause Timmy is in place to shuffle the papers.

              •  I can call TARP a loan, as it's getting paid back (2+ / 0-)
                Recommended by:
                Escamillo, BarackStarObama

                Latest CBO estimate is that all but $25B of $700B will be repaid.  

                Don't like how your congressman votes? You could write him, or you could write an open letter to Michelle Obama.

                by Inland on Thu Dec 02, 2010 at 03:09:16 AM PST

                [ Parent ]

                •  TARP is only the tip of the iceberg. (9+ / 0-)

                  Bloomberg FOIA'd documents on what Washington is doing with our money.

                  Don't tax the rich, starve the poor.

                  by dkmich on Thu Dec 02, 2010 at 03:22:17 AM PST

                  [ Parent ]

                  •  Remember this dk? (8+ / 0-)

                    How the Fed and the Treasury Stonewalled Mark Pittman to His Dying Breath

                    By PAM MARTENS

                    On the President’s first day in office on January 21, 2009, he issued an Open Government memo promising the American people a new era of transparency. On March 19, 2009, under the President’s orders, the Attorney General’s office issued detailed guidelines on how Federal agencies were to respond going forward to Freedom of Information Act (FOIA) requests.  The guidelines instructed the agencies as follows:

                       "The key frame of reference for this new mind set is the purpose behind the FOIA. The statute is designed to open agency activity to the light of day. As the Supreme Court has declared: ‘FOIA is often explained as a means for citizens to know what their Government is up to.' NARA v. Favish, 541 U.S. 157, 171 (2004) (quoting U.S. Dep't of Justice v. Reporters Comm. for Freedom of the Press, 489 U.S. 749, 773 (1989)...The President’s FOIA Memoranda directly links transparency with accountability which, in turn, is a requirement of a democracy. The President recognized the FOIA as ‘the most prominent expression of a profound national commitment to ensuring open Government.’  Agency personnel, therefore, should keep the purpose of the FOIA -- ensuring an open Government -- foremost in their mind."

                    It pains me to inform you, Mr. President, but the Treasury Department, Board of Governors of the Federal Reserve, and Securities and Exchange Commission (the trio that has been variously distracted minting trillions in currency, trading cash for trash with Wall Street, surfing for porn, or mishandling multiple voluminous tips on Bernie Madoff’s Ponzi scheme) have misplaced your memo or, as many suspect, take their marching orders not from you but from Wall Street -- perhaps because they perceive that this is where you take your orders too.

                    On October 6, 2010, I filed three FOIA requests with the Securities and Exchange Commission (SEC).  I had come by information that the official government report on the stock market’s "Flash Crash" of May 6, 2010 was materially wrong and I wanted to buttress my investigative report to the public with documents the SEC had obtained or compiled in conducting its investigation.

                    http://www.counterpunch.com/...

                    Tip of the iceberg doesn't even cover it, Mark Pittman died over all this shit.

                    Thanks Ms. B.

                  •  Yep. All that's getting paid back too. (1+ / 0-)
                    Recommended by:
                    Escamillo

                    That's sorta why these diaries are silly, at best, and deceptive at worst: they don't admiot that these were loans, that most of the facilities have ended with no loss, that none of the borrowers are in default.

                    Does anyone here own a credit card, so I can discuss the difference between giving a bank a line of credit and giving away money?

                    Don't like how your congressman votes? You could write him, or you could write an open letter to Michelle Obama.

                    by Inland on Thu Dec 02, 2010 at 09:51:13 AM PST

                    [ Parent ]

                •  Okay Inland, once again TARP (1+ / 0-)
                  Recommended by:
                  Badabing

                  IS NOT A LOAN

                  What part of ''troubled asset relief program '' do you not get ?

                  NO STRINGS ATTACHED, NO AMOUNTS KNOWN, JUST BUY UP ASSETS AND EQUITY FROM FINANCIAL INSTITUTIONS TO STRENGTHEN THE FINANCIAL SECTOR

                  How is this a loan ?

                  Furthermore you got CBO on the brain, so show us the links, the documents etc.......

                  •  Ok, badabing and lostinamerica (3+ / 0-)
                    Recommended by:
                    jiffypop, Escamillo, Loge

                    TARP IS NOT A GIVEWAY.

                    NO STRINGS ATTACHED, NO AMOUNTS KNOWN, JUST BUY UP ASSETS AND EQUITY FROM FINANCIAL INSTITUTIONS TO STRENGTHEN THE FINANCIAL SECTOR

                    Those assets were not worthless then, and they're not worthless now. The market was in chaos and no one had any idea how much they were worth.

                    Imagine your only asset is some stock that you're counting on to sell to pay back a loan. There's some kind of panic and NOBODY is willing to buy your shares. How do you decide what the price is? Is the price $0? The stock is still paying a dividend, so clearly it shouldn't be worthless. But now you're freaking out because that loan is coming due and you can't pay it because you can't sell your stocks. So I come along and buy it from you in the hopes that when things calm down I can sell it later and get most of my money back and meanwhile you don't go bankrupt. That's what the Fed did.

                    Even those "toxic" MBS's had lots of mortgages that didn't default. They weren't worthless, and they turned out to be way less toxic than previously feared.

                    Tarp Only Cost $25 billion

                    So your claim that TARP was a straight giveaway to banks is just wrong. Certainly not a $1.7 trillion giveway if it cost $25 billion right?

                    When we stop putting leaders from the past up on pedestals and ignoring their flaws, we can start seeing our present leaders for what they really are.

                    by PhillyJeff on Thu Dec 02, 2010 at 04:01:28 AM PST

                    [ Parent ]

                    •  Yes... and no. TARP was necessary BUT (0+ / 0-)

                      the value of someone coming into that troubled market and smoothing the waters... What do you think that was worth?
                      What interest or fees have the banks paid in return for the TARP money, because believe me, that program was worth an awful lot of money to them.
                      How much of the value added to their position by TARP has been paid to the tax-payers who underwrote them when their businesses were in the balance, and how much has been retained by the banks' owners.
                      Sure the "loan" principal has mostly been repaid, but has the public benefit of the banks not imploding been enough return to the tax-payers, or should the banks be paying back a whole lot more?

                      "In order that all men may be taught to speak truth, it is necessary that all likewise should learn to hear it." Samuel Johnson

                      by HiKa on Thu Dec 02, 2010 at 06:15:41 AM PST

                      [ Parent ]

                    •  yeah PhillyJeff (0+ / 0-)

                      love your ''simplified analogy'' using stock.

                      What a fucking joke, as I have been on that end of ''the stock that was worth something but nobody wanted it'' and I wasn't bailed out by anyone.

                      You can't seem to see a different perspective on this entire financial crisis, so have at your reality, hope it serves you well in the future.

                  •  I could use a little TARP money myself (1+ / 0-)
                    Recommended by:
                    Badabing

                    brother, can you spare a dime, for a fellow American who's down on his luck?

                    "Genius may have its limitations, but stupidity is not thus handicapped." - Elbert Hubbard

                    by BusyinCA on Thu Dec 02, 2010 at 06:49:22 AM PST

                    [ Parent ]

              •  Badabing, do you still stand by the diary (2+ / 3-)
                Recommended by:
                carlos the jackal, Sky Net
                Hidden by:
                jrooth, Ezekial 23 20, geraldlaslo

                where you asserted that the president is very likely a Republican Manchurian Candidate intentionally working to destroy the Democratic Party and much of America at the behest of a shadow group of economic royalists?

                But the diarist definitely doesn't have anything personal against the president.

                When we stop putting leaders from the past up on pedestals and ignoring their flaws, we can start seeing our present leaders for what they really are.

                by PhillyJeff on Thu Dec 02, 2010 at 03:10:04 AM PST

                [ Parent ]

                •  who the fuck said that Philly, and if you are (4+ / 0-)
                  Recommended by:
                  gmb, dkmich, DorothyT, Joieau

                  going to accuse me of such bullshit, then you sure as better have the courage to prove it.

                  I never ever believe our President was a Manchurian Candidate, and you have absolutely no right to accuse me of that what so ever...

                  That is a total bullshit lie, and you know it.

                  You prove you accusation, and stop that now,  It is unacceptable behavior and all you are doing is discrediting yourself, and making a fool out of your own remarks.

                  Prove it.

                  I have never said that, implied it or otherwise.  I believe that President Obama is totally caving, over and over again, and that is obvious by his behavior.

                  Prove it, or apologize for you bullshit accusation.

                  •  Ignore them, really. (4+ / 0-)
                    Recommended by:
                    emal, gmb, Badabing, Joieau

                    The more they can bait you and take this diary off track, the happier they are.  I really do wonder how many paid Democratic operatives we have on this site.  

                    Don't tax the rich, starve the poor.

                    by dkmich on Thu Dec 02, 2010 at 03:23:12 AM PST

                    [ Parent ]

                    •  Simply pointing to your own 4 HR'd diary (0+ / 0-)

                      http://www.dailykos.com/...

                      To continue to believe the President Obama does not know exactly what he is doing is a delusion, and worse than that, it is to ignore how much this is going to cost our party and our nation in the end. President Obama knows exactly what he is doing, and it's high time for all of us to face up to that ugly brutal truth.

                      You opened up the line of questioning when you denied that you write diaries personally attacking the president. I congratulated you downthread that you seem to have stopped pushing this theory. But please do not try to convince people that you don't have personal beefs with the president.

                      When we stop putting leaders from the past up on pedestals and ignoring their flaws, we can start seeing our present leaders for what they really are.

                      by PhillyJeff on Thu Dec 02, 2010 at 03:48:14 AM PST

                      [ Parent ]

                      •  I am not badabing... (5+ / 0-)
                        Recommended by:
                        gmb, RJDixon74135, Badabing, laker, Joieau

                        Personal?   Please.  If you've never even met the guy, it isn't personal.  I'm sure Obama would be a great neighbor or drinking pal, but he sucks as President.  That isn't personal, it's business.  We pay him to "represent US", not to kiss Republican ass or to make keeping his own job more important than me.  

                        Don't tax the rich, starve the poor.

                        by dkmich on Thu Dec 02, 2010 at 04:06:33 AM PST

                        [ Parent ]

                      •  I gave up my own personal job to work for (6+ / 0-)

                        President Obama, on my own dime, did you do that?

                        After the was in two months of office I saw clearly who he really was all about, and I held on another 4 months denying that reality.

                        You don't know me, you do not my background, you do not know my beliefs, and frankly, I don't give anything about your accusations your views of my own personal beliefs of this President....

                        but I've moved on from that....

                        Yes, I have totally dissented and been critical of many of his flip flops and duplicity.  If you think that is somehow 'unAmerican' then I pity you, I was taught otherwise, to be a discerning thinker, that first and foremost be believe in actions, policy and not the absolute worst leadership I have ever seen in the past 40 years as a dye hard loyal Democrat.

                        Ms. B.

                •  HR'd for personal attack (5+ / 0-)
                  Recommended by:
                  gmb, jrooth, Badabing, pyegar, Joieau

                  Uncalled for.

                  If have a disagreement with the diary state your case.

                  Attacking the diarist because you disagree is not cool.

              •  And who hired Timmy and Summers? (9+ / 0-)

                and why were the AIG records sealed by the SEC until 2018 when the heat came down on Geithner and Summers?

                Was that all about Paulson...

                you amaze me...you really do.

              •  "Obama inherited a *** of miserable misdeeds" (2+ / 0-)
                Recommended by:
                laker, Joieau

                Absolutely correct. And then he went on to appoint the same people who committed them. And has rallied behind them ever since.

                This isn't personal about President Obama. He's clearly not an effective leader with an effective agenda in very dangerous times. Our political and financial system is rife with corruption. We cannot afford 6 more years of him.

                Today's issues du jour:

                "No tax cuts for the rich." The 2006 clip of him repeating that was all over this site and others yesterday.  

                The WikiLeak cable that shows that his administration worked with the GOP to thwart Spain's torture probe of Bush administration officials.

                Bipartisanship minus the 'bi'...Sturm und drang about the battles between the Republicans and Democrats are just window dressing. After being a great front man on the campaign trail for change, President Obama is just a B-actor as president.

              •  and who hired timmy? (1+ / 0-)
                Recommended by:
                Badabing

                And Larry?

                I do not agree with all the diarist's points, but Obama has made it abundantly clear he has no intention of going after anyone of the major players. He wants to look forward and not back and have people start working together. Hank Paulson, Tim Geithner, there's no difference as far as agenda #1 of protecting Wall Street.

                Obama did support a stronger financial bill than we got, so I can give him credit for that.  That was a good thing.  But he/Geithner opposed the release of the very information that triggered this diary.

                Want a progressive global warming novel, not a right wing rant? Go to www.edwardgtalbot.com for a free audio thriller.

                by eparrot on Thu Dec 02, 2010 at 05:35:59 AM PST

                [ Parent ]

          •  stop it.... (6+ / 0-)
            Recommended by:
            emal, gmb, Sandino, Badabing, Ezekial 23 20, Joieau

            you are hijacking and trolling this diary.  If you have something to say, say it and move on.  Your emotional involvement with the President is really weird.

            Don't tax the rich, starve the poor.

            by dkmich on Thu Dec 02, 2010 at 03:19:09 AM PST

            [ Parent ]

          •  What does that have to do with the current data (0+ / 0-)

            being released by the Fed?  Whether Badabing disliked the President, was neutral to him, or loved him, the released data would still be the same?

            Your comment seems rather irrelevant.

        •  don't let her hijack you... n.t (3+ / 0-)
          Recommended by:
          gmb, Badabing, Joieau

          Don't tax the rich, starve the poor.

          by dkmich on Thu Dec 02, 2010 at 03:17:41 AM PST

          [ Parent ]

      •  Dear Badabing (0+ / 0-)

        I certainly feel, as a taxpaying "real" American (even though i don't count because I'm gay), that I got my moneys' worth by paying tarp and all these "loans".

        These are good companies!!!!!!!

        I'm kind of stalling for time here...They told me what to say. George W Bush, 03-21-2006 10:00 EST Press Conference

        by Tamifah on Thu Dec 02, 2010 at 05:32:48 AM PST

        [ Parent ]

  •  Don't you read the articles you cite? (12+ / 0-)

    In fact, don't you read the comments people make in your diaries to educate you?

    Exhibit A:

    The lending programs had never been used before and are now defunct. Most of the loans have been repaid, and none are overdue, Fed officials say.

    Exhbit B: Bear Stearns not bailed out.  Bear Stearns sold for two cents on the dollar to Chase, who bought it as a favor to the Fed.

    Exhibit C: the facilities existed because we were going down the fucking toilet.  They worked; and it cost you NOTHING.

    Exhibit D: the Fed is not spending "our money".  The Fed is not the Treasury. If you don't know that, you have no clue what the Fed is and you should go to Wikipedia.

    Don't like how your congressman votes? You could write him, or you could write an open letter to Michelle Obama.

    by Inland on Thu Dec 02, 2010 at 02:37:00 AM PST

    •  Can you find me any proof that the loans were (6+ / 0-)

      in fact repaid?

      All we have right now, is the 'so called word of Ben Bernanke' don't we, or can you refute that?

      BTW: you didn't catch this today?

      First Blatantly Unlawful Fed Act: AIG Foreign Sub Stock

         Now we see why The Fed didn't want to tell the truth - it unearth this (among probably more)

         Gee, what part of Section 14 of The Federal Reserve Act authorized this?

            On March 2, 2009, the Federal Reserve and the Treasury announced a restructuring of the government's assistance to AIG. Specifically, the government's restructuring was designed to enhance the company's capital and liquidity in order to facilitate the orderly completion of the company's global divestiture program. As part of this restructuring, on December 1, 2009, the Federal Reserve completed transactions under which the FRBNY received preferred interests in two special purpose vehicles formed to hold the outstanding common stock of AIG’s largest foreign insurance subsidiaries, American International Assurance Company Ltd. (AIA) and American Life Insurance Company (ALICO). In exchange, the outstanding loan balance held by, and maximum amount available to, AIG under the line of credit were reduced by $25 billion.

         That's a blatant and black-letter violation of Section 14, no part of which allows The Fed to take an equity interest in a company irrespective of the means or terms.

      http://market-ticker.org/...

      •  NOW you admit they were LOANS. (8+ / 0-)

        Before, you were making it look like free money.

        So having been forced to admit they were LOANS, not BAILOUTS, you fall back to making me prove they were paid back.

        So you won't take the Fed's word for it, and what?  I'm supposed to care that you don't?

        Fine, all the publically traded companies publish balance sheets.  Go look it up.

        And now, you are incensed that the Fed actually demands security for loans, not because it's illegal, but because it ruins your "Fed is giving away the store" meme.

        Don't like how your congressman votes? You could write him, or you could write an open letter to Michelle Obama.

        by Inland on Thu Dec 02, 2010 at 02:47:55 AM PST

        [ Parent ]

        •  first of all there bailouts, but you tell me this (4+ / 0-)
          Recommended by:
          gmb, triv33, lostinamerica, BusyinCA

          ok?

          Who the fuck got saved?

          Did the Middle Class, did Main Street?  

          Oh yes, it's all legal, will millions got thrown out their homes, their jobs, and our nation crashed, and so has the entire international markets...

          Because Wall St/the Banks got paid off for fucking us all.

          How is that working for you now, your family and friends?

          It was all legal.

          Great, great, just fucking wonderful.

          •  These "bailouts", as you call them, saved you. (8+ / 0-)

            And all of us.

            And cost you nothing.

            You don't know what was happening, either in terms of the danger we were facing or the cures.  

            You think loans are giveaways, you don't mention that they got paid back, you don't bother mentioning Bear went out of business, and you think the FED has YOUR MONEY.  

            And of course, you never touch on why these extraordinary loans were made in the first place. Because you think we fell off the apple truck after November of 2008, and WON'T READ THE ARTICLES YOU CITE.

            Don't like how your congressman votes? You could write him, or you could write an open letter to Michelle Obama.

            by Inland on Thu Dec 02, 2010 at 03:02:01 AM PST

            [ Parent ]

            •  Actually the markets haven't crashed (4+ / 1-)
              Recommended by:
              Curt Matlock, skymutt, Onomastic, Sky Net
              Hidden by:
              fisheye

              They're up something like 80% since Obama took office, and they've been doing very well since September.

              But given that you hate the "banksters" and "economic royalists" and think the President is in the pocket of Wall Street anyway, shouldn't you be happy that markets crashed because of the damage it did to Wall Street? The entire government is in the bank for Wall Street, but they're NOT DOING ENOUGH for the markets?

              How is that working for you now, your family and friends?

              It's working out much better for us because of President Obama's actions which saved us from another depression.

              But don't worry about little things like facts getting in the way of anything. Ron Paul and Grayson said the Fed was bad right? No need to understand what the Fed is and what it does (here's a hint, it's not Treasury). IT'S JUST BAD!

              When we stop putting leaders from the past up on pedestals and ignoring their flaws, we can start seeing our present leaders for what they really are.

              by PhillyJeff on Thu Dec 02, 2010 at 03:16:24 AM PST

              [ Parent ]

            •  Bailouts saved WHO? (5+ / 0-)

              While I believe Mrs. B is, how should I say it, "hyper-ventilating" a bit in this diary....the bailouts and subsequent "guaranteed" funds served only to save the crooks that got us into this mess, at least for a while.

              Unfortunately, the crooks were not chastised, so they have not changed the way they do business.

              Mark my words...the systemic fraud in the mortgage and servicing industry will soon make TARP look like a clambake on the beach.

              Loans (the ones that were repaid) were repaid by borrowing from the FED at almost ZERO interest and making loans at 5-6% rates. Who wouldn't take advantage of a situation like that? They got to virtually print their own money. Unfortunately, people like you and I do not have those same rates available to us, so we'll never know, will we?

              •  Are you suggesting that letting the banks (2+ / 0-)
                Recommended by:
                virginislandsguy, Onomastic

                fail wouldn't have had consequences?

                •  Certainly there would be consequences, just as (0+ / 0-)

                  there were consequences to some of the same and different people by 'saving' them.  There will always be consequences, and the end result will be that money flows to some, from some.  Some gain, some lose.

                  Buy 'bailing them out' as we did, money flowed from the lower classes to the elite.  Same as it always does under supply side policies and the socialization of risk paired with privatization of profit.

                •  The consequences (0+ / 0-)

                  of letting the banks fail would have been rich people not smart enough to divvy up their deposits so they're all covered by FDIC would have lost a lot of their accumulated wealth. Then they'd be merely wealthy, not entirely filthy rich. Big damned deal, because people with less have lost every meager thing they ever had or hoped to have.

                  That IS a depression, no matter what the wigs call it. And now they're coming after what little is left, because robbing us blind just wasn't enough to satiate their greed.

                  Now, more than ever, we need the Jedi.

                  by Joieau on Thu Dec 02, 2010 at 08:54:23 AM PST

                  [ Parent ]

              •  Must be nice to be so carefree. (0+ / 0-)

                If you have to ask, then you have idea how close we came to a second great depresssion.

                It must be nice to live such a carefree existence.  Like going back to the womb, I bet.

                But the rest of us were using the piss in our pants to put out the fire in our hair, because we were looking into the abyss.  

                Don't like how your congressman votes? You could write him, or you could write an open letter to Michelle Obama.

                by Inland on Thu Dec 02, 2010 at 09:54:49 AM PST

                [ Parent ]

            •  "And cost you nothing." NOPE (0+ / 0-)

              If you understand financial risk and pricing, giving someone what was in effect an enormous put-option without charging them a fee, and just asking them to reverse out the position if and when they can, is crap. The TARP saved their arse and they got it for free.
              If the banks pay up a good chunk of the value created for them by the TARP intervention (that is pay a real-world, market price for the TARP facility funding they received) then maybe you can say there was no cost to the taxpayer.

              "In order that all men may be taught to speak truth, it is necessary that all likewise should learn to hear it." Samuel Johnson

              by HiKa on Thu Dec 02, 2010 at 06:25:56 AM PST

              [ Parent ]

              •  Put another way, what price would GS have (0+ / 0-)

                charged the US govt. for a loan to buy over-inflated assets?

                "In order that all men may be taught to speak truth, it is necessary that all likewise should learn to hear it." Samuel Johnson

                by HiKa on Thu Dec 02, 2010 at 06:30:16 AM PST

                [ Parent ]

                •  Bullshit. (0+ / 0-)

                  Comparing a government body to a for profit insitution....nonsense. How muich would the government charged if it were a for profit body?  NOTHING, because IT WOULDN"T HAVE DONE THE DEAL.  We already have plenty of for profit companies who were sitting on their cash waiting it out; that's the profit maximizing action during a panic.

                  That's why there was a problem in the FIRST place.  

                  Don't like how your congressman votes? You could write him, or you could write an open letter to Michelle Obama.

                  by Inland on Thu Dec 02, 2010 at 09:57:30 AM PST

                  [ Parent ]

            •  "Saved" from f*cking WHAT? (1+ / 0-)
              Recommended by:
              Badabing

              People at my end of the income curve have benefitted not at all from bailing out Wall Street crooks and gamblers. Out here in the real world real people have had their homes stolen and their jobs shipped overseas, and now the Kabuki actors in DC are busily arranging to cut every lifeline we've got left. They mean for us to leap off the cliff and die like the lemmings they believe we are.

              I wonder if Canada would accept a few tens of millions of us if we showed up on the border en masse claiming status as economic refugees...

              Now, more than ever, we need the Jedi.

              by Joieau on Thu Dec 02, 2010 at 08:46:09 AM PST

              [ Parent ]

          •  Are you blaming our poor economic conditions (1+ / 0-)
            Recommended by:
            Onomastic

            on the President, because had he chose, he would have hurled us over his opposition and across the recession into a progressive expansion by now? At what point should we have fully recovered from the crises?

            The banks have real influence in our economy and our politics. That's for sure. It's not fake power or power a president has the authority to use coercive force over.

            Our nation hasn't crashed, nor have the entire international markets.  

            Speaking of Greeks and Romans. Their solution to overreaching corrupt senates/aristocracy was anything but lawful or democratic.

            The fact that our circumstances haven't crashed (the people remain divided) is what prevents the executive from rising with the people over the aristocracy, as FDR's circumstances provided for.

          •  There are two separate issues here, though. (0+ / 0-)

            One issue is whether the government should have extended assistance to banks (and quasi-banks) that it wouldn't extend to homeowners or even non-bank companies (Big Three excepted); a related issue is whether they should have put more stringent conditions on that assistance.  The other issue is what that assistance really was, and that's where your diary is misleading in my opinion (and Inland's, obviously).  It's hard to address the first issue (or complex of issues) without clarity (or at least a lack of tendentious deception) on the second issue.

            "George Washington said I was beautiful"--Sarah Palin on Barbara Bush, as imagined by Mark Sumner

            by Rich in PA on Thu Dec 02, 2010 at 07:24:02 AM PST

            [ Parent ]

        •  Inland, stop hijacking my diary right now or I (1+ / 0-)
          Recommended by:
          gmb

          will call Meteor Blades...

          Got it, this is you first and last warning.

          I am sick of this shit.

          Get off my ass, and get a grip.

    •  More evidence that the money is worthless. (6+ / 0-)

      If it means nothing for the major banks to owe $3 trillion to the Fed, then it means nothing for the Treasury to owe $12 trillion to the Social Security Trust Fund and other entities.  
      A debt, after all, is simply the recognition of an obligation.  Conservatives go ballistic over obligations because that's what they, first and foremost, reject.  Conservatives perceive themselves as rulers who effect their will through command and control.  They don't perceive themselves as obligated--i.e. required to give something back, even if it's just respect.

      The alternative to debt is theft.  Debt is the product of exchange; theft is an extractive process.  Debt is a two-way relationship; theft is one way.  

      Strange that the proponents of bi-partisanship don't understand that.

      The conservative mind relies mainly on what is plain to see.

      by hannah on Thu Dec 02, 2010 at 02:54:59 AM PST

      [ Parent ]

      •  If you think our money is worthless... (1+ / 0-)
        Recommended by:
        virginislandsguy

        ...want to send me yours?  Last time I went to the store, it still spends...

        •  Money is a symbol; not unlike the (5+ / 0-)

          letters of the alphabet, arranged in words, represent sounds and ideas and tangible things.  You cannot eat, drink or wear money to keep warm.  You can however, use it to engage in trade and exchange.  In a sense, money is a middleman who facilitates transactions.  Money does it over long time and great distances.  Money is a good thing, but its value lies in use.  Just as the letter A has no meaning or use for a person who's illiterate or uses another set of symbols, pieces of money are worthless unless their value is recognized in use.  

          The conservative mind relies mainly on what is plain to see.

          by hannah on Thu Dec 02, 2010 at 03:27:12 AM PST

          [ Parent ]

          •  Non-sequiturs and use of metaphors (1+ / 0-)
            Recommended by:
            virginislandsguy

            does not make your economic analysis correct, nor does it make it particularly insightful.

            Skymutt and I will gladly take this worthless money off your hands for 25 cents on the dollar. That's a pretty good deal for worthless paper, I'd say.

            When we stop putting leaders from the past up on pedestals and ignoring their flaws, we can start seeing our present leaders for what they really are.

            by PhillyJeff on Thu Dec 02, 2010 at 03:35:19 AM PST

            [ Parent ]

            •  What it's made of does not define the (3+ / 0-)
              Recommended by:
              dharmafarmer, Badabing, Joieau

              value of money.  Indeed, now that it effectively does grow as trees, we're back to where we started when the American Natives used sea shells and the early settlers grew tobacco, which they traded for woven fabric and exotic food stuffs, like spices.

              Thinking that money is intrinsically valuable is a mistake.  That it leads to hoarding is a social negative because it disrupts the normal flow of the lubricant we need to facilitate trade and exchange.  It's sort of like draining the oil out of the engine of a car.  If it's noticed, the oil can be topped up; if not the engine is likely to grind to a halt.  

              I would argue that, in large measure, the infusion of cash by the Federal Reserve served to replenish money that had been siphoned off and sequestered.  Subsequent developments demonstrate that this hoarding is still going on.  The velocity of our currency has slowed from 3.5 to 1.2.

              The conservative mind relies mainly on what is plain to see.

              by hannah on Thu Dec 02, 2010 at 03:43:53 AM PST

              [ Parent ]

        •  MY money *is* worthless (0+ / 0-)

          I can't buy shit on what I get paid. Hells bells, I can't even pay attention.

          "Genius may have its limitations, but stupidity is not thus handicapped." - Elbert Hubbard

          by BusyinCA on Thu Dec 02, 2010 at 06:58:53 AM PST

          [ Parent ]

  •  Where I'm at now (6+ / 0-)

    This reflects my feelings quite well:

    Mr. President, you've lost my respect. You’ve lost my admiration. You’ve lost my vote.

    I'm disappointed with you. I'm saddened by you. I am angry that I believed in the hope you promised us, and then turned your back on us.

    As that lady at a town hall meeting said, "I’m tired of defending you."

    You asked us to be patient. Patience doesn’t include being repeatedly sold out.

    You promised us change. But you didn’t mention it was change for the worse.

    You implicitly asked for our trust. And then you betrayed us.

    I have no idea how you view your performance in office. And I no longer care.

    Please step aside in 2012 and allow us to vote for someone who will stand up for us.

    You held out to us the dream of greatness. Yet, you’ve become a small, pathetic man. And nothing saddens me more than that.

    I also agree with this comment:

    http://www.democraticunderground.com...

    By the way, did anyone hear Thom Hartmann yesterday? Sounds like Obama's lost him too.

    "They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety." -- Benjamin Franklin

    by Sagebrush Bob on Thu Dec 02, 2010 at 02:41:38 AM PST

    •  President Obama, has no one to blame but (7+ / 0-)

      himself.   And that is the saddest truth of my life.  I had to be dragged kicking and screaming to this point, but now I just cannot deny it any longer.

      You know, I wish I could, I really do.

      Thanks Sage...

      Sad days ahead..

      Ms. B.

      •  I don't think "blame" is exactly the right word (5+ / 0-)

        because I think Obama is just fine with how things are going. He's no idiot. If he were, I could be a bit more forgiving towards him. He's shown himself to be a Nixonian/Ford Republican for all intents and purposes.

        "They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety." -- Benjamin Franklin

        by Sagebrush Bob on Thu Dec 02, 2010 at 02:58:20 AM PST

        [ Parent ]

        •  Nixonian/Ford Republican (4+ / 0-)
          Recommended by:
          gmb, Badabing, lostinamerica, Joieau

          And that goes for a good percentage of Democrats in Congress too.

          "They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety." -- Benjamin Franklin

          by Sagebrush Bob on Thu Dec 02, 2010 at 02:59:43 AM PST

          [ Parent ]

        •  That is why I cannot stand people that call Obama (4+ / 0-)
          Recommended by:
          gmb, Sagebrush Bob, lostinamerica, Joieau

          naive, of play a trillion dimentional chess came..

          I am so tired of that I could scream...

          Do you remember way back when Sage, when he gave the now famous speech in front of the Hamilton Commission?

          I mean this man is brilliant, and I am so tired of all that crap we keep feeding ourselves here.

          How put the Cat Food Commission together, with Peter Pedeterson of the Hamiliton Project:

          And we call the idiot Tea party people stupid (who I hate) but I think you get my drift.

          Ms. B.

        •  Real insight into how Obama views things (6+ / 0-)

          and it's not pretty:

          As far as economic policy:

          Barack Obama's speech on April 5, 2006 at the launch of The Brookings Institute's Hamilton Project where Obama says that "most of us are strong free traders" and praises the goals of the Hamilton Project.

          And here's an interview I heard here in Nevada when he was running for President. Note how irritable he becomes as the interviewer presses him about the possibility of impeaching Bush.

          So... I never had my hopes as high as many and frankly I expected to be disappointed. That said, the depth of my disappointment is a surprise.

          "They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety." -- Benjamin Franklin

          by Sagebrush Bob on Thu Dec 02, 2010 at 03:08:56 AM PST

          [ Parent ]

          •  thank you Sagebrush Bob (4+ / 0-)
            Recommended by:
            gmb, Sagebrush Bob, Badabing, Joieau

            IMO free trade has been this country's downfall along with our laissez fare markets.

            I did not want to vote for Obama, I did not support Obama, but in the end my vote was to Obama as the lesser of the 2 evils.

            I did not get a warm fuzzy voting for Obama, as in my heart I knew he was not a DEMOCRAT, but a right leaning centrist.

            So these videos just cement my initial feeling that he would not be my president.

            I am a liberal and a democrat for whatever thats worth these days. Just saying I am tired of being thought of as a radical.

            •  I was late getting on the Obama train (5+ / 0-)

              but I actually gave time and a small amount of money. Under the same circumstances, I'd do the same despite the misgivings I was already having. Next time around, however, Obama won't get a second of volunteer time nor one thin dime from me.

              "They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety." -- Benjamin Franklin

              by Sagebrush Bob on Thu Dec 02, 2010 at 03:23:10 AM PST

              [ Parent ]

              •  Impeachment was never on the table (2+ / 0-)
                Recommended by:
                virginislandsguy, Loge

                If you think Obama didn't accomplish anything in the past 2 years (despite actually accomplishing more progressive legislation than the past 2 Democratic presidents did in their 12 years), why would you have been in favor of shutting down government and holding impeachment hearings for the past 2 years?

                Almost everyone in Washington is a strong free trader. Like it or not isolationism is dead and we're going to have to be able to compete in a world economy.

                Neither of those videos makes him an evil, corrupt, Republican.

                When we stop putting leaders from the past up on pedestals and ignoring their flaws, we can start seeing our present leaders for what they really are.

                by PhillyJeff on Thu Dec 02, 2010 at 03:40:30 AM PST

                [ Parent ]

                •  No one ever said that did I Phil? (3+ / 0-)
                  Recommended by:
                  gmb, gerald 1969, Joieau

                  Neither of those videos makes him an evil, corrupt, Republican.

                  But that is your whip you keep beating, when I'm talking about specific new relations as to who was given what....

                  Like I said, we all thought that Goldman Sachs got a measly $ 13 billion out of AIG, but that wasn't the half of it, was it? No...

                  the new data today shows Goldman Sachs got $ 620 billion....

                  show me the paid off checks that paid that debt back to the Federal Reserve and the Taxpayers..

                  Strange, how none of that date came out today, isn't it?

                  I spent the last 10 hours going over these new records, which were only released by a 'new fake audit' by the Federal Reserve, and there has not been on single proof of how these LOANS were paid back.

                  go figure.

                  Ms. B.

                  •  Funny (0+ / 0-)

                    you believe the fed when they say the money went out, but you don't believe them when they say it came back.  

                    The key in the lede paragraph is the phrase "over time."  The fed did not say it lent Citibank $2.2 billion at once.  The actual amount outstanding at any given time was likely much less than that.

                    "This world demands the qualities of youth: not a time of life but a state of mind[.]" -- Robert F. Kennedy

                    by Loge on Thu Dec 02, 2010 at 06:24:40 AM PST

                    [ Parent ]

              •  thanks Sage... (2+ / 0-)
                Recommended by:
                gmb, lostinamerica

                I was going to do that, but I made the mistake of pushing Publish in stead of Draft, tonight.....

                Such is the punishment of those regular 'ravenous wolves' on this site who cannot wait to tear apart those that know about the Hamilton project,,,,and where the fuck the Cat Commission came from

                Ms. B.

              •  I maxed out last time (1+ / 0-)
                Recommended by:
                Badabing

                I won't give one thin dime either.

                "Genius may have its limitations, but stupidity is not thus handicapped." - Elbert Hubbard

                by BusyinCA on Thu Dec 02, 2010 at 07:02:49 AM PST

                [ Parent ]

          •  Third world economies should fend for themselves (0+ / 0-)

            The new Democratic isolationism; fuck the foreign working poor.

            The Clinton Global initiative began with NAFTA.

            What is your alternative to free trade?

    •  Too bad there's nobody else worth voting for (4+ / 0-)
      Recommended by:
      jdmorg, gmb, Badabing, Joieau

      who's actually going to run.

      The system is rigged and hermetically sealed.

      Daily Kos, for me, is about news and perspectives now.

      Democrats are dead in the water.

      The GOP is Pure Evil and there are no other options.

      America legalized torture before they legalized marijuana.
      Take your stinking paws off me, you damned dirty ape!

      by xxdr zombiexx on Thu Dec 02, 2010 at 03:23:25 AM PST

      [ Parent ]

      •  yeah, I used to think (2+ / 0-)
        Recommended by:
        Badabing, Sky Net

        dkos was a place to get new ideas as well as corroborate ideas I hold on issues.

        Not so much anymore...

        •  I am going to largely stick with news posts (2+ / 0-)
          Recommended by:
          gmb, Badabing

          and my repetitive cannabis diaries.

          People keep asking what Dems can do - legalize the herb is something they could do.

          it would drive the GOP nuts and help them show America just how out of step they are.

          But that requires some spine and spines and democrats are just mutually exclusive.

          Unfortunately.

          I see no need for it to be like that but that is the way it is.

          America legalized torture before they legalized marijuana.
          Take your stinking paws off me, you damned dirty ape!

          by xxdr zombiexx on Thu Dec 02, 2010 at 04:06:03 AM PST

          [ Parent ]

  •  Cain, the hunter/herder, killed Abel, (5+ / 0-)

    the farmer who tilled the earth, because he was jealous of the favor Abel had found with the Creator in emulating the productive behavior of planting and harvesting and renourishing the earth.

    Conservatives are the descendants of Cain.  They are extractors and exploiters and they are still jealous of people who have the skill to transform the earth for their own and others' benefit.  

    Jealousy is the manifestation of one of the seven deadly sins, envy.  In its benign form, envy is emulative.  That is, it prompts individuals to copy what others do and achieve good things for themselves.  When an excess of envy, very likely augmented by greed and gluttony, meets frustration, it turns into wrath and the instinct to exterminate.  That's how some people arrive at killing the thing or person they claim to love.

    Run of the mill, cowardly conservatives, however, don't go that far.  They're satisfied to impose deprivation on the poor simply because they are blessed and beloved.  In other words, conservatives hate poor people because progressives love them.  How to deal with that?  As God did with Cain, we must cast them out.

    The conservative mind relies mainly on what is plain to see.

    by hannah on Thu Dec 02, 2010 at 02:46:17 AM PST

    •  thats what I love about you hannah, you are (2+ / 0-)
      Recommended by:
      gmb, gerald 1969

      such a classicist at heart....I was taught by the Jesuits, I translate Greek as hobby....

      Jealousy is the manifestation of one of the seven deadly sins, envy.  In its benign form, envy is emulative.  That is, it prompts individuals to copy what others do and achieve good things for themselves.  When an excess of envy, very likely augmented by greed and gluttony, meets frustration, it turns into wrath and the instinct to exterminate.  That's how some people arrive at killing the thing or person they claim to love.

      Run of the mill, cowardly conservatives, however, don't go that far.  They're satisfied to impose deprivation on the poor simply because they are blessed and beloved.  In other words, conservatives hate poor people because progressives love them.  How to deal with that?  As God did with Cain, we must cast them out.

      Why do I get the feeling you are a student of Homers?

      Just my instincts...

      Thanks..

      Ms. B.

      •  Mainly, I try to assign responsibility where (1+ / 0-)
        Recommended by:
        Badabing

        it actually lies and not blame people for actions they can't control.  
        Blaming the victims has evolved into what conservatives refer to as "objectivity."  What they mean by that is the object of any action is responsible for prompting it to happen.  So, effectively, subjects or agents are removed from the equation.

        The terrorist gets arrested because he's a terrorist, not because the agents of law enforcement are acting out of fear or misdirection.
        It's not just the objects of detrimental acts who are defined as the agents of their own misfortune.  Under the theory of "informed consent," people who purchase airline tickets, for example, having received notice of being liable to being physically assaulted, are presumed to have given their consent and relinquished their right to object.  Indeed, that's the same pattern we see in the logic which asserts that an arrested person, who speaks after having been warned to keep silent, thereby gives up the right not to speak and not to incriminate himself.  
        Finally, the principle that having consented to abuse changes the nature of abusive behavior underlies DADT.  In that case, individuals who volunteer for military service, which might involve the loss of life, are presumed to have given up their lesser human rights, as well.  The ramifications of DADT are quite extensive.  How do you insist that some human rights are to be respected when all the rest are presumed to have been relinquished as "sacrifice" for the "nation" -- our secular deity?

        A commitment to human rights presents a fundamental challenge to the principle of command and control by which authority is justified in a stratified state.  Equality, too, is not a desideratum.

        The conservative mind relies mainly on what is plain to see.

        by hannah on Thu Dec 02, 2010 at 03:17:15 AM PST

        [ Parent ]

    •  God Almighty.... THERE'S an insightful comment (4+ / 0-)
      Recommended by:
      gmb, Badabing, Joieau, BusyinCA

      Why aren't you a frontpager?

      America legalized torture before they legalized marijuana.
      Take your stinking paws off me, you damned dirty ape!

      by xxdr zombiexx on Thu Dec 02, 2010 at 03:51:46 AM PST

      [ Parent ]

  •  Handcuffs and Jail for Bear Sterns (7+ / 1-)

    Bullets for Goldman-Sachs.

    Fuckers.

    America legalized torture before they legalized marijuana.
    Take your stinking paws off me, you damned dirty ape!

    by xxdr zombiexx on Thu Dec 02, 2010 at 02:49:57 AM PST

    •  hr'd for the bullets comment. we aren't Red State (0+ / 0-)

      disclaimer: I agree that Goldman-Sachs are effers and should be brought to justice. But the violence suggestion is not cool.

      I ♥ President Barack Obama.

      by ericlewis0 on Thu Dec 02, 2010 at 02:58:39 AM PST

      [ Parent ]

    •  You cannot kill a corporation with (6+ / 0-)

      bullets or poison.  Capital punishment for artificial creatures is quite appropriate.  It's accomplished by dissolving the charters that authorized their creation in the first place.

      Do the Secretaries of State of the several states that charter corporations have the cojones to do that?  Or are we to wait until, like the wicked witch of the west, they dissolve on their own?

      The conservative mind relies mainly on what is plain to see.

      by hannah on Thu Dec 02, 2010 at 03:00:36 AM PST

      [ Parent ]

      •  No... you can't kill a corporation with bullets (4+ / 0-)
        Recommended by:
        gmb, Badabing, lostinamerica, Joieau

        Instead of bailing these fuckers out AGAIN - after we know they fucked up the economy and STOLE all sorts of mey - they should be destryoed.

        Shut down by an act of law.

        Bush's Granddad had HIS Nazi-supporting business shut down. It clearly CAN be done.

        Goldman-Sachs is at least as bad for you and me and all those panty-wadding weenies who are afraid to lift a finger against their transgressors.

        Dems have fucking wimped out too often and they need some new fucking language, 2000 pairs of balls, a shitload of spine and some goddamned fight.

        Stupid weak fuckers.

        America legalized torture before they legalized marijuana.
        Take your stinking paws off me, you damned dirty ape!

        by xxdr zombiexx on Thu Dec 02, 2010 at 03:19:39 AM PST

        [ Parent ]

        •  Keep in mind that it's because they used (1+ / 0-)
          Recommended by:
          Badabing

          money that we know the extent and relative value of their nefarious behavior.  Money makes a great shield behind which all kinds of evil can be perpetrated anonymously (think banks stealing poor people's money with routine fees).  But, as an accounting mechanism it has great value and makes it possible to identify who did what to whom and when.

          Compare that to the theft of the whole North American continent perpetrated by the crowned heads of Europe issuing charters and land grants to their minions and then sending troops with weapons to secure the theft.  
          Moreover, instead of letting the same process play out in Iraq, we were actually able to call a halt to the land grab, order the payment of some restitution and bring home the troops by cutting off the funds.  
          I consider that progress.

          The conservative mind relies mainly on what is plain to see.

          by hannah on Thu Dec 02, 2010 at 03:34:53 AM PST

          [ Parent ]

          •  ell, America as a continient was stoled (1+ / 0-)
            Recommended by:
            lostinamerica

            a couple hundred years ago. THat's sort of off the table.

            Iraq is perhaps a bit better of an example but how much damage was done NEEDLESSLY before the heinous attack and occupation was ended? Why should we have to tolearte it?

            But this Goldman Scahs bit - Like Enron, they should be arrested.

            Nobody wants to do it. They want to let these fuckers keep stealing money while we are becoming impoverished.

            It is a robbery and when you get robbed certain conduct that is normally taboo become almost mandatory.

            SOMETHING has to be done.

            America legalized torture before they legalized marijuana.
            Take your stinking paws off me, you damned dirty ape!

            by xxdr zombiexx on Thu Dec 02, 2010 at 03:39:48 AM PST

            [ Parent ]

    •  Uprated to offset misguided HR. (3+ / 0-)
      Recommended by:
      gmb, xxdr zombiexx, Badabing

      The bullets comment is a metaphor.  It's like saying the Yankees killed the Red Sox last night.

      "Bringing you the truth, no matter how bad it hurts!" Three Dog

      by pineapple head joe on Thu Dec 02, 2010 at 03:03:37 AM PST

      [ Parent ]

    •  I find it fascinating (2+ / 0-)
      Recommended by:
      mediaprisoner, Sky Net

      that the same folks who won't follow the drug laws often show up in discussion on other topics talking about handcuffs for others who break oher laws.

      Maybe if folks had a little more respect for the law overall, we'd be in a little better shape, eh?  

      •  Because ROBBERY is a crime (5+ / 0-)

        and drug use isn't.

        it is artificially made a crime for ridiculous reasons, but these fuckers are stealing from YOU and shitting on YOUR FUTURE>

        Kiss their as if you want.

        it's America.

        NOTE: Equating pot smoking with robbery is the sign of rightwing talking points and Teh Stoopid™.

        America legalized torture before they legalized marijuana.
        Take your stinking paws off me, you damned dirty ape!

        by xxdr zombiexx on Thu Dec 02, 2010 at 03:59:14 AM PST

        [ Parent ]

        •  Not really (0+ / 0-)

          There is a reasonable explanation for why various drugs are illegal-- namely, that parents do not want the substances to be legal because they are afraid that if they are legalized they will be more available and their children will use them, and they do not want that to happen.

          By using drugs while they are illegal, drug users undermine law enforcement, which has a duty to enforce the law.  Drug users also pad the pockets of murderous drug cartels, which law enforcement has no choice but to fight.  Bottom line, illegal drug use harms society.

          The law decides what is a crime, not you.  As we saw in California a couple weeks ago, it is the will of the people that pot remain illegal.  You can disagree with the law all you want and work to have the law changed, but until it is actually changed, you are obliged to obey it.  

    •  hey dude i think you're fabulous (0+ / 0-)

      but the bullets thing is a bit much

      dont mind me though

      I'm kind of stalling for time here...They told me what to say. George W Bush, 03-21-2006 10:00 EST Press Conference

      by Tamifah on Thu Dec 02, 2010 at 05:35:21 AM PST

      [ Parent ]

      •  Bullets are as likely as hancuffs (0+ / 0-)

        A slap on the wrist is often too violent for kossacks to tolerate.

        I don't let it impair my honest self-expression.

        And a slap on the wrist isn't going to happen either.

        America legalized torture before they legalized marijuana.
        Take your stinking paws off me, you damned dirty ape!

        by xxdr zombiexx on Thu Dec 02, 2010 at 07:16:36 AM PST

        [ Parent ]

    •  Make shure its a clean shot (0+ / 0-)

      clean your gun after

      "Genius may have its limitations, but stupidity is not thus handicapped." - Elbert Hubbard

      by BusyinCA on Thu Dec 02, 2010 at 07:08:43 AM PST

      [ Parent ]

  •  Ah, Badabing's latest rambling, incoherent (6+ / 1-)
    Recommended by:
    trashablanca, HamdenRice, eltee, Cinnamon Rollover, Sky Net, Loge
    Hidden by:
    fly

    stream of consciousness diary bemoaning our evil, corrupt, Republican president who hates America.

    I will give you credit that you toned down the batshit insane conspiracy theories this time. Sure, you still imply it, but now you're at least holding out the hope apparently that our president is only stupid and corrupt. This is at least an improvement from your last diary where you claimed President Obama was a Republican Manchurian Candidate intentionally working to destroy America and the Democratic party from within at the behest of a secret, shadowy cabal of "economic royalists."

    Particularly amusing in your rambling was:

    Yes, I know the long list of what Obama has tied to pass, but this is has been nothing more than a bone with no meat on it.  And yes, I know why none of this is being passed, and who is blocking his movements.

    So you admit that

    1. Obama tried to, and has passed a huge list of progressive legislation
    1. You acknowledge that he was blocked by Blue Dogs and Republican obstructionism, who are in reality the ones at fault for blocking some legislation and watering down the rest

    Even after stating this, you still cannot give our Democratic president credit for ANYTHING, but conclude

    He was never a progressive, and he was never capable of strong leadership.

    I understand you prefer to write a stream of verbal diarrhea, incoherently jumping from one disjointed idea, conspiracy, or cliched buzzword to another, but it would improve your writing to at least try to be internally consistent from one sentence to the next.

    Finally:

    I've been fighting for my own party, the Democratic party for 4 decades.  Like Meteor Blades, and OPOL, I marched for Civil Rights in the 60's.  Like others on this site I marched for my brothers and sisters in the Vietnam War

    4 decades is actually perfect, since you're well positioned to name a president more progressive than Obama in the last 40 years. Since you marched against Vietnam, I'm assuming LBJ isn't your perfect shining example of a liberal president then is he?

    In conclusion - Mr. Badabing, what you've just said is one of the most insanely idiotic things I have ever heard. At no point in your rambling, incoherent response were you even close to anything that could be considered a rational thought. Everyone in this room is now dumber for having listened to it. I award you no points, and may God have mercy on your soul.

    When we stop putting leaders from the past up on pedestals and ignoring their flaws, we can start seeing our present leaders for what they really are.

    by PhillyJeff on Thu Dec 02, 2010 at 03:05:01 AM PST

  •  Seriously (5+ / 0-)
    Recommended by:
    gmb, ballerina X, Badabing, lostinamerica, Loge

    I think this is a story that needs to be widely recognized.

    A few omitted points - thanks to  Dodd-Frank that this information is even available

    Second, I think the information speaks for itself - no need for histrionics.

    There was a toned down  diary with the same information last night.

    I posted more information  here and  this is a chart including beneficiaries.

    Sad is the soul that slumbers ...

    by yellow dog in NJ on Thu Dec 02, 2010 at 03:10:43 AM PST

  •  We have to take the party back. n/t (3+ / 0-)
    Recommended by:
    gmb, Badabing, pyegar

    Barack Obama: Ignores his legal obligation to prosecute people who tortured prisoners to death. Good at photo ops, though.

    by expatjourno on Thu Dec 02, 2010 at 03:22:03 AM PST

    •  We are! This is Daily Kos! (5+ / 0-)

      Electing better Democrats every election.

      In about 20 short years, long after we have all been completely fucked by the current needless situation, we'll have a set of proper Democrats in orifice who will do as we say.

      I'll be 8- years old of course - the rest of my life is going to have been ruined, not remmotely as goods as it could have been had we not allowed corporations to steal ALL of our money and KILL our country in the process.

      Sit tight - help is on the way.

      America legalized torture before they legalized marijuana.
      Take your stinking paws off me, you damned dirty ape!

      by xxdr zombiexx on Thu Dec 02, 2010 at 03:33:46 AM PST

      [ Parent ]

  •  This is where I get off the train. (7+ / 0-)

    I don't see anything insidious about the Fed providing liquidity in a crisis.  That's kind of why we have the Fed.

    "George Washington said I was beautiful"--Sarah Palin on Barbara Bush, as imagined by Mark Sumner

    by Rich in PA on Thu Dec 02, 2010 at 04:08:09 AM PST

    •  There's no issue here about the Fed (1+ / 0-)
      Recommended by:
      HamdenRice

      providing liquidity in a crisis. It's who gets provided liquidity as in those evil banks. If they had only provided the loans to credit unions, we'd be OK now. I should write a diary about that. I will do my research first at HP, NC and ZH. Reclist, here I come!

      One night in Bangkok makes a hard man humble ... Murray Head

      by virginislandsguy on Thu Dec 02, 2010 at 08:08:37 AM PST

      [ Parent ]

      •  You're right there on the snark-non-snark line (1+ / 0-)
        Recommended by:
        virginislandsguy

        So I'm at a loss for how to respond.

        "George Washington said I was beautiful"--Sarah Palin on Barbara Bush, as imagined by Mark Sumner

        by Rich in PA on Thu Dec 02, 2010 at 08:33:11 AM PST

        [ Parent ]

      •  They did provide money to credit unions (1+ / 0-)
        Recommended by:
        virginislandsguy

        So did TARP.

        In fact after the initial TARP investment in the big banks, TARP made hundreds of small investments in credit unions, local banks, small finance companies, trucking logistics companies and so on.

        One of the best lists is at ProPublica.  Just in case you don't scroll through this list, I'd like to highlight the names of some of the TARP recipients:

        Michigan Homeowner Assistance Nonprofit Housing Corporation, North Carolina Housing Finance Agency, Illinois Housing Development Authority, First BanCorp Bank Puerto Rico, GHFA Affordable Housing, Inc., New Jersey Housing and Mortgage Finance Agency, Arizona (Home) Foreclosure Prevention Funding Corporation, Indiana Housing and Community Development Authority, Oregon Affordable Housing Assistance Corporation,
        Independent Employers Group Federal Credit Union Bank Hawaii , Mission Federal Credit Union , Oakland Municipal Credit Union , Grafton Suburban Credit Union, Verity Credit Union

        http://bailout.propublica.org/...

        Michigan Homeowner Assistance Nonprofit Housing Corporation State Housing Orgs Mich.
        $499 M disbursed
        $0
        North Carolina Housing Finance Agency State Housing Orgs N.C.
        $483 M disbursed
        $0
        Illinois Housing Development Authority State Housing Orgs Ill.
        $446 M disbursed
        $0
        First BanCorp Bank Puerto Rico
        $424 M disbursed
        $7 M
        City National Bank Calif.
        $400 M returned / $400 M disbursed
        $42 M
        Webster Financial Bank Conn.
        $200 M returned / $400 M disbursed
        $33 M
        HomEq Servicing Mortgage Servicer Calif.
        $7 M disbursed / $395 M committed
        $0
        Aurora Loan Services Mortgage Servicer Colo.
        $9 M disbursed / $393 M committed
        $0
        Fulton Financial Corp Bank Pa.
        $377 M returned / $377 M disbursed
        $40 M
        TCF Financial Bank Minn.
        $361 M returned / $361 M disbursed
        $18 M
        SBA Security Purchases SBA Security Purchases
        $359 M disbursed
        $0
        UST/TCW Senior Mortgage Securities Fund, L.P. Investment Fund Del.
        $356 M returned / $356 M disbursed
        $21 M
        Nationstar Mortgage Mortgage Servicer Texas
        $7 M disbursed / $350 M committed
        $0
        South Financial Group Bank S.C.
        $130 M returned / $347 M disbursed
        $17 M
        GHFA Affordable Housing, Inc. State Housing Orgs Ga.
        $339 M disbursed
        $0
        Wilmington Trust Corporation Bank Del.
        $330 M disbursed
        $28 M
        East West Bancorp, Inc. Bank Calif.
        $307 M disbursed
        $26 M
        Sterling Financial Corp Bank Wash.
        $303 M disbursed
        $7 M
        New Jersey Housing and Mortgage Finance Agency State Housing Orgs N.J.
        $301 M disbursed
        $0
        Citizens Republic Bancorp Bank Mich.
        $300 M disbursed
        $14 M
        Susquehanna Bancshares Bank Pa.
        $200 M returned / $300 M disbursed
        $22 M
        Valley National Bank N.J.
        $300 M returned / $300 M disbursed
        $19 M
        Whitney Holding Corp Bank La.
        $300 M disbursed
        $25 M
        UCBH Holdings Bank Calif.
        $299 M disbursed
        $8 M
        SC Housing Corp State Housing Orgs S.C.
        $295 M disbursed
        $0
        First Banks, Inc. Bank Mo.
        $295 M disbursed
        $6 M
        GM Supplier Receivables, LLC Auto Company
        $290 M returned / $290 M disbursed
        $65 M
        Carrington Mortgage Services Mortgage Servicer Calif.
        $5 M disbursed / $284 M committed
        $0
        Arizona (Home) Foreclosure Prevention Funding Corporation State Housing Orgs Ariz.
        $268 M disbursed
        $0
        New York Private Bank & Trust Corp Bank N.Y.
        $267 M disbursed
        $23 M
        Flagstar Bancorp Bank Mich.
        $267 M disbursed
        $21 M
        Cathay General Bancorp Bank Calif.
        $258 M disbursed
        $22 M
        Wintrust Financial Corp Bank Ill.
        $250 M disbursed
        $21 M
        PrivateBancorp Bank Ill.
        $244 M disbursed
        $19 M
        SVB Financial Group Bank Calif.
        $235 M returned / $235 M disbursed
        $19 M
        Indiana Housing and Community Development Authority State Housing Orgs Ind.
        $222 M disbursed
        $0
        Oregon Affordable Housing Assistance Corporation State Housing Orgs Ore.
        $220 M disbursed
        $0
        Tennessee Housing Development Agency State Housing Orgs Tenn.
        $217 M disbursed
        $0
        International Bancshares Corporation Bank Texas
        $216 M disbursed
        $18 M
        Trustmark Corp Bank Miss.
        $215 M returned / $215 M disbursed
        $21 M
        Umpqua Bank Ore.
        $214 M returned / $214 M disbursed
        $18 M
        Washington Federal Inc. Bank Wash.
        $200 M returned / $200 M disbursed
        $21 M
        MB Financial Bank Ill.
        $196 M disbursed
        $17 M
        Pacific Capital Bancorp Bank Calif.
        $195 M disbursed
        $2 M
        Nevada Affordable Housing Assistance Corporation State Housing Orgs Nev.
        $194 M disbursed
        $0
        First Midwest Bancorp Bank Ill.
        $193 M disbursed
        $16 M
        First Niagara Bank N.Y.
        $184 M returned / $184 M disbursed
        $7 M
        U.S. Bank National Association Mortgage Servicer Ky.
        $6 M disbursed / $181 M committed
        $0
        United Community Banks Bank Ga.
        $180 M disbursed
        $15 M
        Alabama Housing Finance Authority State Housing Orgs Ala.
        $163 M disbursed
        $0
        Boston Private Financial Holdings Bank Mass.
        $154 M returned / $154 M disbursed
        $11 M
        Provident Bankshares Corp. Bank Md.
        $152 M disbursed
        $9 M
        National Penn Bancshares Bank Pa.
        $150 M disbursed
        $13 M
        Kentucky Housing Corporation State Housing Orgs Ky.
        $149 M disbursed
        $0
        Green Tree Servicing Mortgage Servicer Minn.
        $119 Th disbursed / $147 M committed
        $0
        Dickinson Financial Corp II Bank Mo.
        $146 M disbursed
        $3 M
        Western Alliance Bancorporation Bank Nev.
        $140 M disbursed
        $12 M
        Central Pacific Financial Corp Bank Hawaii
        $135 M disbursed
        $2 M
        CVB Financial Bank Calif.
        $130 M returned / $130 M disbursed
        $6 M
        Sterling Bancshares Bank Texas
        $125 M returned / $125 M disbursed
        $5 M
        FirstMerit Corp Bank Ohio
        $125 M returned / $125 M disbursed
        $7 M
        Banner Corp Bank Wash.
        $124 M disbursed
        $11 M
        Chrysler Receivables SPV LLC Auto Company
        $123 M returned / $123 M disbursed
        $50 M
        Signature Bank Bank N.Y.
        $120 M returned / $120 M disbursed
        $13 M
        First Merchants Corp Bank Ind.
        $116 M disbursed
        $9 M
        1st Source Corp Bank Ind.
        $111 M disbursed
        $9 M
        Anchor BanCorp Wisconsin Bank Wis.
        $110 M disbursed
        $0
        WTB Financial Corp Bank Wash.
        $110 M disbursed
        $9 M
        S&T Bancorp Bank Pa.
        $109 M disbursed
        $9 M
        Bank United Mortgage Servicer Fla.
        $3 M disbursed / $107 M committed
        $0
        Taylor Capital Bank Ill.
        $105 M disbursed
        $9 M
        Mississippi Home Corporation State Housing Orgs Miss.
        $102 M disbursed
        $0
        F.N.B. Corporation Bank Pa.
        $100 M returned / $100 M disbursed
        $3 M
        First Busey Corporation Bank Ill.
        $100 M disbursed
        $7 M
        Old National Bancorp Bank Ind.
        $100 M returned / $100 M disbursed
        $3 M
        Park National Corporation Bank Ohio
        $100 M disbursed
        $8 M
        Bayview Loan Servicing Mortgage Servicer Fla.
        $3 M disbursed / $98 M committed
        $0
        Pinnacle Financial Bank Tenn.
        $95 M disbursed
        $8 M
        Midland Mortgage Company Mortgage Servicer Okla.
        $93 M committed
        $0
        Union First Market Bankshares Corporation Bank Va.
        $59 M returned / $93 M disbursed
        $6 M
        IBERIABANK Corp Bank La.
        $90 M returned / $90 M disbursed
        $3 M
        Midwest Banc Holdings Bank Ill.
        $89 M disbursed
        $824 Th
        Sun Bancorp Bank N.J.
        $89 M returned / $89 M disbursed
        $3 M
        Plains Capital Corp Bank Texas
        $88 M disbursed
        $8 M
        Westamerica Bancorporation Bank Calif.
        $84 M returned / $84 M disbursed
        $3 M
        Integra Bank Corporation Bank Ind.
        $84 M disbursed
        $2 M
        Sandy Spring Bancorp Bank Md.
        $42 M returned / $83 M disbursed
        $7 M
        Heartland Financial USA Bank Iowa
        $82 M disbursed
        $7 M
        PNC Bank, NA Mortgage Servicer Pa.
        $81 M committed
        $0
        BancPlus Corporation Bank Miss.
        $81 M disbursed
        $7 M
        Hampton Roads Bankshares Bank Va.
        $80 M disbursed
        $3 M
        First Financial Bancorp Bank Ohio
        $80 M returned / $80 M disbursed
        $8 M
        Rhode Island Housing and Mortgage Finance Corporation State Housing Orgs R.I.
        $79 M disbursed
        $0
        Independent Bank Corp Bank Mass.
        $78 M returned / $78 M disbursed
        $3 M
        Columbia Banking System Bank Wash.
        $77 M returned / $77 M disbursed
        $10 M
        TowneBank Bank Va.
        $76 M disbursed
        $6 M
        Bank of the Ozarks Bank Ark.
        $75 M returned / $75 M disbursed
        $6 M
        Texas Capital Bancshares Bank Texas
        $75 M returned / $75 M disbursed
        $8 M
        WesBanco Bank W.Va.
        $75 M returned / $75 M disbursed
        $4 M
        Independent Bank Corporation Bank Mich.
        $74 M disbursed
        $2 M
        Old Second Bancorp Bank Ill.
        $73 M disbursed
        $6 M
        First Place Financial Corp Bank Ohio
        $73 M disbursed
        $5 M
        Green Bankshares Bank Tenn.
        $72 M disbursed
        $6 M
        Metropolitan Bank Group Bank Ill.
        $72 M disbursed
        $3 M
        Virginia Commerce Bancorp Bank Va.
        $71 M disbursed
        $6 M
        Alpine Banks of Colorado Bank Colo.
        $70 M disbursed
        $5 M
        Flushing Financial Corp Bank N.Y.
        $70 M returned / $70 M disbursed
        $4 M
        Southwest Bancorp Bank Okla.
        $70 M disbursed
        $6 M
        Superior Bancorp Bank Ala.
        $69 M disbursed
        $5 M
        Nara Bancorp Bank Calif.
        $67 M disbursed
        $6 M
        First Bancorp Bank N.C.
        $65 M disbursed
        $5 M
        First Financial Holdings Bank S.C.
        $65 M disbursed
        $6 M
        SCBT Financial Corp Bank S.C.
        $65 M returned / $65 M disbursed
        $3 M
        CoBiz Financial Bank Colo.
        $64 M disbursed
        $5 M
        Wilshire Bancorp Bank Calif.
        $62 M disbursed
        $5 M
        Standard Bancshares Bank Ill.
        $60 M disbursed
        $4 M
        Lakeland Bancorp Bank N.J.
        $59 M disbursed
        $4 M
        Great Southern Bancorp Bank Mo.
        $58 M disbursed
        $5 M
        Liberty Bancshares Bank Ark.
        $58 M disbursed
        $5 M
        MainSource Financial Group Bank Ind.
        $57 M disbursed
        $5 M
        Lakeland Financial Corporation Bank Ind.
        $56 M returned / $56 M disbursed
        $4 M
        Center Financial Corp Bank Calif.
        $55 M disbursed
        $5 M
        Community Bancshares of Mississippi, Inc. Bank Miss.
        $55 M disbursed
        $6 M
        MorEquity Mortgage Servicer Ind.
        $2 M disbursed / $54 M committed
        $0
        WSFS Financial Bank Del.
        $53 M disbursed
        $4 M
        NewBridge Bancorp Bank N.C.
        $52 M disbursed
        $4 M
        Ameris Bancorp Bank Ga.
        $52 M disbursed
        $5 M
        PennyMac Loan Services Mortgage Servicer Calif.
        $343 Th disbursed / $52 M committed
        $0
        FNB United Corp Bank N.C.
        $52 M disbursed
        $3 M
        U.S. Century Bank Bank Fla.
        $50 M disbursed
        $745 Th
        BancTrust Financial Group Bank Ala.
        $50 M disbursed
        $4 M
        Home BancShares, Inc. Bank Ark.
        $50 M disbursed
        $4 M
        Seacoast Banking Corp Bank Fla.
        $50 M disbursed
        $389 Th
        State Bankshares Bank N.D.
        $13 M returned / $50 M disbursed
        $4 M
        First South Bancorp, Inc. Bank Tenn.
        $50 M disbursed
        $5 M
        First American Bank Corporation Bank Ill.
        $50 M disbursed
        $4 M
        Yadkin Valley Financial Corp Bank N.C.
        $49 M disbursed
        $4 M
        Fidelity Southern Corp Bank Ga.
        $48 M disbursed
        $4 M
        The Bancorp Bank Del.
        $45 M returned / $45 M disbursed
        $7 M
        MetroCorp Bancshares Bank Texas
        $45 M disbursed
        $3 M
        Cadence Financial Corp Bank Miss.
        $38 M returned / $44 M disbursed
        $3 M
        Exchange Bank Bank Calif.
        $43 M disbursed
        $3 M
        Southern Community Financial Bank N.C.
        $43 M disbursed
        $4 M
        CCO Mortgage Mortgage Servicer Va.
        $550 Th disbursed / $43 M committed
        $0
        Sterling Bancorp Bank N.Y.
        $42 M disbursed
        $3 M
        First Community Bancshares Bank Va.
        $42 M returned / $42 M disbursed
        $1 M
        PremierWest Bancorp Bank Ore.
        $41 M disbursed
        $1 M
        RG Mortgage Corporation Mortgage Servicer Puerto Rico
        $378 Th disbursed / $41 M committed
        $0
        Capital Bank Bank N.C.
        $41 M disbursed
        $3 M
        Berkshire Hills Bancorp Bank Mass.
        $40 M returned / $40 M disbursed
        $2 M
        Heritage Commerce Corp Bank Calif.
        $40 M disbursed
        $1 M
        Reliance Bancshares Bank Mo.
        $40 M disbursed
        $3 M
        Peoples Bancorp Inc. Bank Ohio
        $39 M disbursed
        $3 M
        Cascade Financial Corp Bank Wash.
        $39 M disbursed
        $1 M
        OceanFirst Financial Corp Bank N.J.
        $38 M returned / $38 M disbursed
        $2 M
        QCR Holdings Bank Ill.
        $38 M disbursed
        $3 M
        Eagle Bancorp Bank Md.
        $15 M returned / $38 M disbursed
        $3 M
        Bridgeview Bancorp Bank Ill.
        $38 M disbursed
        $2 M
        Financial Institutions Bank N.Y.
        $38 M disbursed
        $3 M
        First Defiance Financial Corp Bank Ohio
        $37 M disbursed
        $3 M
        TIB Financial Corp Bank Fla.
        $12 M returned / $37 M disbursed
        $1 M
        State Bancorp Bank N.Y.
        $37 M disbursed
        $3 M
        Fidelity Financial Corp Bank Kan.
        $36 M disbursed
        $3 M
        West Bancorporation Bank Iowa
        $36 M disbursed
        $3 M
        Trinity Capital Corporation Bank N.M.
        $36 M disbursed
        $2 M
        Marquette National Corp Bank Ill.
        $36 M disbursed
        $3 M
        Enterprise Financial Services Corp Bank Mo.
        $35 M disbursed
        $3 M
        Porter Bancorp Bank Ky.
        $35 M disbursed
        $3 M
        Fremont Bancorporation Bank Calif.
        $35 M disbursed
        $3 M
        Encore Bancshares Bank Texas
        $34 M disbursed
        $3 M
        The Bank of Kentucky Bank Ky.
        $34 M disbursed
        $3 M
        Southern Bancorp Bank Ark.
        $34 M disbursed
        $856 Th
        First Security Group Bank Tenn.
        $33 M disbursed
        $1 M
        Firstbank Corp Bank Mich.
        $33 M disbursed
        $3 M
        Centrue Financial Bank Mo.
        $33 M disbursed
        $572 Th
        Pulaski Financial Corp Bank Mo.
        $33 M disbursed
        $3 M
        MutualFirst Financial Bank Ind.
        $32 M disbursed
        $3 M
        Parkvale Financial Corp Bank Pa.
        $32 M disbursed
        $3 M
        Bank of North Carolina Bank N.C.
        $31 M disbursed
        $3 M
        Residential Credit Solutions Mortgage Servicer Texas
        $545 Th disbursed / $31 M committed
        $0
        Quantum Servicing Corporation Mortgage Servicer Fla.
        $2 Th disbursed / $30 M committed
        $0
        Royal Bancshares of Pennsylvania Bank Pa.
        $30 M disbursed
        $359 Th
        Hawthorn Bancshares Bank Mo.
        $30 M disbursed
        $3 M
        Bancorp Rhode Island Bank R.I.
        $30 M returned / $30 M disbursed
        $2 M
        Farmers Capital Bank Corp Bank Ky.
        $30 M disbursed
        $2 M
        First M&F Corp Bank Miss.
        $30 M disbursed
        $2 M
        First United Corp Bank Md.
        $30 M disbursed
        $2 M
        Spirit BankCorp Bank Okla.
        $30 M disbursed
        $2 M
        StellarOne Corp Bank Va.
        $30 M disbursed
        $2 M
        Tennessee Commerce Bancorp Bank Tenn.
        $30 M disbursed
        $2 M
        Peapack-Gladstone Financial Bank N.J.
        $7 M returned / $29 M disbursed
        $2 M
        Bank of Marin Bancorp Bank Calif.
        $28 M returned / $28 M disbursed
        $451 Th
        Colony Bankcorp Bank Ga.
        $28 M disbursed
        $2 M
        CenterState Banks of Florida, Inc. Bank Fla.
        $28 M returned / $28 M disbursed
        $1 M
        Intermountain Community Bancorp Bank Idaho
        $27 M disbursed
        $1 M
        Alliance Financial Corp Bank N.Y.
        $27 M returned / $27 M disbursed
        $1 M
        Citizens & Northern Corporation Bank Pa.
        $26 M returned / $26 M disbursed
        $2 M
        Washington Banking Company Bank Wash.
        $26 M disbursed
        $2 M
        Servis One, Inc. Mortgage Servicer Pa.
        $26 M committed
        $0
        Patriot Bancshares Bank Texas
        $26 M disbursed
        $2 M
        HMN Financial Bank Minn.
        $26 M disbursed
        $2 M
        LNB Bancorp Bank Ohio
        $25 M disbursed
        $2 M
        Princeton National Bancorp Bank Ill.
        $25 M disbursed
        $2 M
        Peoples Bancorp of North Carolina Bank N.C.
        $25 M disbursed
        $2 M
        First California Financial Group Bank Calif.
        $25 M disbursed
        $2 M
        HF Financial Corp Bank S.D.
        $25 M returned / $25 M disbursed
        $1 M
        Horizon Bancorp Bank Ind.
        $6 M returned / $25 M disbursed
        $2 M
        Intervest Bancshares Bank N.Y.
        $25 M disbursed
        $1 M
        Rogers Bancshares Bank Ark.
        $25 M disbursed
        $738 Th
        Shore Bancshares Bank Md.
        $25 M returned / $25 M disbursed
        $333 Th
        The First Bancorp Bank Maine
        $25 M disbursed
        $2 M
        VIST Financial Corp Bank Pa.
        $25 M disbursed
        $2 M
        Citizens Bancshares Co. Bank Mo.
        $25 M disbursed
        $628 Th
        Crescent Financial Corp Bank N.C.
        $25 M disbursed
        $2 M
        Stearns Financial Services Bank Minn.
        $25 M disbursed
        $2 M
        National Bancshares Bank Iowa
        $25 M disbursed
        $2 M
        CBS Banc-Corp Bank Ala.
        $24 M disbursed
        $2 M
        Community Trust Financial Corp Bank La.
        $24 M disbursed
        $2 M
        Eastern Virginia Bankshares Bank Va.
        $24 M disbursed
        $2 M
        Heritage Financial Corp Bank Wash.
        $24 M disbursed
        $2 M
        Specialized Loan Servicing, LLC Mortgage Servicer Colo.
        $24 M committed
        $0
        Bridge Capital Holdings Bank Calif.
        $24 M disbursed
        $2 M
        Severn Bancorp Bank Md.
        $23 M disbursed
        $2 M
        Park Bancorporation Bank Wis.
        $23 M disbursed
        $2 M
        First Citizens Banc Corp Bank Ohio
        $23 M disbursed
        $2 M
        TriState Capital Holdings Bank Pa.
        $23 M disbursed
        $2 M
        Central Bancorp, Inc. Bank Texas
        $23 M disbursed
        $2 M
        Premier Financial Bancorp, Inc. Bank W.Va.
        $22 M disbursed
        $967 Th
        University Financial Corp, Inc. Bank Minn.
        $22 M disbursed
        $1 M
        Central Community Corp Bank Texas
        $22 M disbursed
        $2 M
        Middleburg Financial Corp Bank Va.
        $22 M returned / $22 M disbursed
        $987 Th
        Security Federal Corp Bank S.C.
        $22 M disbursed
        $2 M
        Wainwright Bank & Trust Bank Mass.
        $22 M returned / $22 M disbursed
        $2 M
        First Community Financial Partners, Inc. Bank Ill.
        $22 M disbursed
        $813 Th
        Liberty Bancshares, Inc. Bank Mo.
        $22 M disbursed
        $2 M
        Blue Valley Ban Corp Bank Kan.
        $22 M disbursed
        $211 Th
        Indiana Community Bancorp Bank Ind.
        $22 M disbursed
        $2 M
        Medallion Bank Bank Utah
        $21 M disbursed
        $1 M
        BancIndependent Bank Ala.
        $21 M disbursed
        $2 M
        FC Holdings Bank Texas
        $21 M disbursed
        $156 Th
        AmeriServ Financial Bank Pa.
        $21 M disbursed
        $2 M
        Heritage Oaks Bancorp Bank Calif.
        $21 M disbursed
        $948 Th
        Mercantile Bank Corporation Bank Mich.
        $21 M disbursed
        $1 M
        The Baraboo Bancorporation Bank Wis.
        $21 M disbursed
        $2 M
        First Guaranty Bancshares, Inc. Bank La.
        $21 M disbursed
        $1 M
        District of Columbia Housing Finance Agency State Housing Orgs D.C.
        $21 M disbursed
        $0
        Unity Bancorp Bank N.J.
        $21 M disbursed
        $2 M
        United Bancorp Bank Mich.
        $21 M disbursed
        $2 M
        Citizens South Banking Corp Bank N.C.
        $21 M disbursed
        $2 M
        Florida Bank Group, Inc. Bank Fla.
        $20 M disbursed
        $1 M
        Diamond Bancorp, Inc. Bank Mo.
        $20 M disbursed
        $2 M
        First Western Financial Bank Colo.
        $20 M disbursed
        $1 M
        Commonwealth Bancshares, Inc. Bank Ky.
        $20 M disbursed
        $2 M
        Market Street Bancshares, Inc. Bank Ill.
        $20 M disbursed
        $2 M
        BNCCORP Bank N.D.
        $20 M disbursed
        $910 Th
        C&F Financial Corp Bank Va.
        $20 M disbursed
        $2 M
        Community First Bancshares Bank Tenn.
        $20 M disbursed
        $2 M
        First Financial Service Corp Bank Ky.
        $20 M disbursed
        $2 M
        MidSouth Bancorp Bank La.
        $20 M disbursed
        $2 M
        The ANB Corporation Bank Texas
        $20 M disbursed
        $1 M
        D.L. Evans Bancorp Bank Idaho
        $20 M disbursed
        $2 M
        Chambers Bancshares, Inc. Bank Ark.
        $20 M disbursed
        $2 M
        Community Bank Shares of Indiana, Inc. Bank Ind.
        $19 M disbursed
        $1 M
        First PacTrust Bancorp, Inc. Bank Calif.
        $19 M disbursed
        $2 M
        Carver Bancorp Bank N.Y.
        $19 M disbursed
        $2 M
        Bar Harbor Bankshares Bank Maine
        $19 M returned / $19 M disbursed
        $1 M
        HopFed Bancorp Bank Ky.
        $18 M disbursed
        $2 M
        Sovereign Bancshares Bank Texas
        $18 M disbursed
        $1 M
        Peoples Bancorp Bank Wash.
        $18 M disbursed
        $1 M
        First Trust Corporation Bank La.
        $18 M disbursed
        $1 M
        ECB Bancorp Bank N.C.
        $18 M disbursed
        $1 M
        Security Capital Corporation Bank Miss.
        $18 M disbursed
        $2 M
        First NBC Bank Holding Company Bank La.
        $18 M disbursed
        $1 M
        Community First Inc Bank Tenn.
        $18 M disbursed
        $1 M
        Community Bankers Trust Corp Bank Va.
        $18 M disbursed
        $1 M
        First Northern Community Bancorp Bank Calif.
        $17 M disbursed
        $1 M
        OneFinancial Corporation Bank Ark.
        $17 M disbursed
        $2 M
        Southern First Bancshares Bank S.C.
        $17 M disbursed
        $1 M
        Liberty Shares Bank Ga.
        $17 M disbursed
        $1 M
        F&M Financial Corporation (TN) Bank Tenn.
        $17 M disbursed
        $1 M
        Northern States Financial Corp Bank Ill.
        $17 M disbursed
        $418 Th
        The First Bancshares Bank Miss.
        $17 M disbursed
        $412 Th
        Bank of Commerce Holdings Bank Calif.
        $17 M disbursed
        $1 M
        F&M Financial Corporation Bank N.C.
        $17 M disbursed
        $1 M
        First American International Corp Bank N.Y.
        $17 M disbursed
        $1 M
        Guaranty Federal Bancshares Bank Mo.
        $17 M disbursed
        $1 M
        Navy Federal Credit Union Mortgage Servicer Va.
        $6 Th disbursed / $17 M committed
        $0
        White River Bancshares Company Bank Ark.
        $17 M disbursed
        $1 M
        Timberland Bancorp Bank Wash.
        $17 M disbursed
        $952 Th
        Codorus Valley Bancorp Bank Pa.
        $17 M disbursed
        $1 M
        First Federal Bancshares of Arkansas Bank Ark.
        $17 M disbursed
        $571 Th
        1st Financial Services Corp Bank N.C.
        $16 M disbursed
        $1 M
        Parke Bancorp Bank N.J.
        $16 M disbursed
        $1 M
        Pacific City Financial Corp Bank Calif.
        $16 M disbursed
        $358 Th
        RoundPoint Mortgage Servicing Corporation Mortgage Servicer N.C.
        $16 M committed
        $0
        Valley Financial Corp Bank Va.
        $16 M disbursed
        $941 Th
        CoastalSouth Bancshares, Inc. Bank S.C.
        $16 M disbursed
        $813 Th
        Carolina Bank Holdings Bank N.C.
        $16 M disbursed
        $1 M
        MidWest One Financial Group Bank Iowa
        $16 M disbursed
        $1 M
        State Capital Corporation Bank Miss.
        $16 M disbursed
        $2 M
        Community West Bancshares Bank Calif.
        $16 M disbursed
        $1 M
        Stockmens Financial Corporation Bank S.D.
        $16 M disbursed
        $1 M
        Tri-County Financial Corp Bank Md.
        $16 M disbursed
        $1 M
        BankFirst Capital Corp Bank Miss.
        $16 M disbursed
        $1 M
        First Reliance Bancshares Bank S.C.
        $15 M disbursed
        $1 M
        Grandsouth Bancorporation Bank S.C.
        $15 M disbursed
        $999 Th
        Broadway Financial Corporation Bank Calif.
        $15 M disbursed
        $810 Th
        Centra Financial Holdings Bank W.Va.
        $15 M returned / $15 M disbursed
        $923 Th
        LSB Corp Bank Mass.
        $15 M returned / $15 M disbursed
        $1 M
        Business Bancshares Bank Mo.
        $15 M disbursed
        $1 M
        Foresight Financial Group, Inc. Bank Ill.
        $15 M disbursed
        $1 M
        The Landrum Company Bank Mo.
        $15 M disbursed
        $1 M
        River Valley Bancorporation Bank Wis.
        $15 M disbursed
        $1 M
        Suburban Illinois Bancorp, Inc. Bank Ill.
        $15 M disbursed
        $1 M
        Nicolet Bankshares Bank Wis.
        $15 M disbursed
        $1 M
        First Community Bancshares, Inc. (KS) Bank Kan.
        $15 M disbursed
        $605 Th
        Village Bank and Trust Financial Corp Bank Va.
        $15 M disbursed
        $950 Th
        Monarch Financial Holdings Bank Va.
        $15 M returned / $15 M disbursed
        $1 M
        Tidelands Bancshares Bank S.C.
        $14 M disbursed
        $1 M
        United Bank Corporation Bank Ga.
        $14 M disbursed
        $1 M
        Guaranty Capital Corporation Bank Miss.
        $14 M disbursed
        $913 Th
        First National Corporation Bank Va.
        $14 M disbursed
        $1 M
        Magna Bank Bank Tenn.
        $3 M returned / $14 M disbursed
        $1 M
        Bancorp Financial, Inc. Bank Ill.
        $14 M disbursed
        $790 Th
        Sword Financial Corporation Bank Wis.
        $14 M disbursed
        $1 M
        First Texas BHC Bank Texas
        $14 M disbursed
        $1 M
        Oak Valley Bancorp Bank Calif.
        $14 M disbursed
        $1 M
        WashingtonFirst Bankshares, Inc. Bank Va.
        $13 M disbursed
        $828 Th
        LCNB Corp Bank Ohio
        $13 M returned / $13 M disbursed
        $525 Th
        Bank of the Carolinas Corporation Bank N.C.
        $13 M disbursed
        $875 Th
        Morrill Bancshares Bank Kan.
        $13 M disbursed
        $1 M
        SouthCrest Financial Group, Inc. Bank Ga.
        $13 M disbursed
        $758 Th
        HCSB Financial Corporation Bank S.C.
        $13 M disbursed
        $930 Th
        Community First Bancshares, Inc. Bank Ark.
        $13 M disbursed
        $948 Th
        Adbanc Bank Neb.
        $13 M disbursed
        $1 M
        Regents Bancshares, Inc. Bank Wash.
        $13 M disbursed
        $543 Th
        Peoples Bancorporation Bank S.C.
        $13 M disbursed
        $903 Th
        Community Financial Corp Bank Va.
        $13 M disbursed
        $1 M
        Bankers' Bank of the West Bank Colo.
        $13 M disbursed
        $718 Th
        Meridian Bank Bank Pa.
        $13 M disbursed
        $723 Th
        Security State Bancshares Bank Mo.
        $13 M disbursed
        $1 M
        iServe Servicing, Inc. Mortgage Servicer Texas
        $12 M committed
        $0
        PeoplesSouth Bancshares Bank Ga.
        $12 M disbursed
        $968 Th
        OneUnited Bank Bank Mass.
        $12 M disbursed
        $94 Th
        1st Constitution Bancorp Bank N.J.
        $12 M returned / $12 M disbursed
        $1 M
        Blue Ridge Bancshares Bank Mo.
        $12 M disbursed
        $779 Th
        First Manitowoc Bancorp Bank Wis.
        $12 M returned / $12 M disbursed
        $838 Th
        FNB Bancorp Bank Calif.
        $12 M disbursed
        $959 Th
        The Queensborough Company Bank Ga.
        $12 M disbursed
        $883 Th
        Two Rivers Financial Group Bank Iowa
        $12 M disbursed
        $792 Th
        Duke Financial Group, Inc. Bank Minn.
        $12 M disbursed
        $408 Th
        Farmers Enterprises, Inc. Bank Kan.
        $12 M disbursed
        $1 M
        Alliance Financial Services Bank Minn.
        $12 M disbursed
        $389 Th
        Wachusett Financial Services, Inc. Bank Mass.
        $12 M disbursed
        $436 Th
        Plumas Bancorp Bank Calif.
        $12 M disbursed
        $622 Th
        Citizens Bancshares Bank Ga.
        $12 M disbursed
        $536 Th
        DNB Financial Corp Bank Pa.
        $12 M disbursed
        $906 Th
        M&F Bancorp Bank N.C.
        $12 M disbursed
        $675 Th
        TCB Holding Company Bank Texas
        $12 M disbursed
        $691 Th
        Pacific Coast Bankers' Bancshares Bank Calif.
        $12 M disbursed
        $1 M
        Cecil Bancorp Bank Md.
        $12 M disbursed
        $517 Th
        Selene Financial, L.P. Mortgage Servicer Texas
        $11 M committed
        $0
        Western Illinois Bancshares Bank Ill.
        $11 M disbursed
        $758 Th
        Central Virginia Bankshares Bank Va.
        $11 M disbursed
        $451 Th
        First Community Corp Bank S.C.
        $11 M disbursed
        $984 Th
        Liberty Financial Services Bank La.
        $11 M disbursed
        $461 Th
        First Financial Bank, N.A. Mortgage Servicer Idaho
        $11 M committed
        $0
        Central Jersey Bancorp Bank N.J.
        $11 M disbursed
        $929 Th
        Steele Street Bank Corporation Bank Colo.
        $11 M disbursed
        $795 Th
        Farmers & Merchants Bancshares Bank Texas
        $11 M disbursed
        $864 Th
        Mackinac Financial Corporation Bank Mich.
        $11 M disbursed
        $720 Th
        Brotherhood Bancshares, Inc. Bank Kan.
        $11 M disbursed
        $646 Th
        Stonebridge Financial Corp Bank Pa.
        $11 M disbursed
        $635 Th
        First Capital Bancorp Bank Va.
        $11 M disbursed
        $749 Th
        First Southern Bancorp Bank Fla.
        $11 M returned / $11 M disbursed
        $1 M
        Ridgestone Financial Services Bank Wis.
        $11 M disbursed
        $277 Th
        BCSB Bancorp Bank Md.
        $11 M disbursed
        $888 Th
        Presidio Bank Bank Calif.
        $11 M disbursed
        $0
        Security State Bank Holding Company Bank N.D.
        $11 M disbursed
        $486 Th
        First Community Bank Corp of America Bank Fla.
        $11 M disbursed
        $745 Th
        Crosstown Holding Company Bank Minn.
        $11 M disbursed
        $906 Th
        Northwest Bancorporation Bank Wash.
        $11 M disbursed
        $575 Th
        Katahdin Bankshares Bank Maine
        $10 M disbursed
        $878 Th
        1st Enterprise Bank Bank Calif.
        $10 M disbursed
        $564 Th
        Citizens Bancorp Bank Calif.
        $10 M disbursed
        $224 Th
        Mission Valley Bancorp Bank Calif.
        $10 M disbursed
        $456 Th
        United Bancorporation of Alabama, Inc. Bank Ala.
        $10 M disbursed
        $873 Th
        Illinois State Bancorp, Inc. Bank Ill.
        $10 M disbursed
        $551 Th
        North Central Bancshares Bank Iowa
        $10 M disbursed
        $816 Th
        Midland States Bancorp Bank Ill.
        $10 M returned / $10 M disbursed
        $1 M
        Heritage Bankshares, Inc. Bank Va.
        $10 M disbursed
        $473 Th
        1st United Bancorp Bank Fla.
        $10 M returned / $10 M disbursed
        $871 Th
        Blackhawk Bancorp Bank Wis.
        $10 M disbursed
        $775 Th
        BOH Holdings Bank Texas
        $10 M disbursed
        $786 Th
        Center Bancorp Bank N.J.
        $10 M disbursed
        $800 Th
        Central Bancorp Bank Mass.
        $10 M disbursed
        $847 Th
        ColoEast Bankshares Bank Colo.
        $10 M disbursed
        $821 Th
        First Bankers Trustshares Bank Ill.
        $10 M disbursed
        $861 Th
        First Litchfield Financial Corp Bank Conn.
        $10 M returned / $10 M disbursed
        $2 M
        Mid Penn Bancorp Bank Pa.
        $10 M disbursed
        $828 Th
        Mid-Wisconsin Financial Services Bank Wis.
        $10 M disbursed
        $810 Th
        NCAL Bancorp Bank Calif.
        $10 M disbursed
        $902 Th
        New Hampshire Thrift Bancshares Bank N.H.
        $10 M disbursed
        $790 Th
        Northway Financial Bank N.H.
        $10 M disbursed
        $840 Th
        Stewardship Financial Corp Bank N.J.
        $10 M disbursed
        $771 Th
        Uwharrie Capital Corp Bank N.C.
        $10 M disbursed
        $896 Th
        Century Financial Services Corporation Bank N.M.
        $10 M disbursed
        $970 Th
        HomeTown Bankshares Corporation Bank Va.
        $10 M disbursed
        $351 Th
        Greer Bancshares Bank S.C.
        $10 M disbursed
        $840 Th
        Regent Bancorp Bank Fla.
        $10 M disbursed
        $784 Th
        Penn Liberty Financial Corp Bank Pa.
        $10 M disbursed
        $721 Th
        Coastal Banking Company Bank Fla.
        $10 M disbursed
        $843 Th
        Universal Bancorp Bank Ind.
        $10 M disbursed
        $664 Th
        PSB Financial Corporation Bank La.
        $10 M disbursed
        $1 M
        TCB Corporation Bank S.C.
        $10 M disbursed
        $760 Th
        Franklin Credit Management Corporation Mortgage Servicer N.J.
        $34 Th disbursed / $10 M committed
        $0
        Southern Missouri Bancorp Bank Mo.
        $10 M disbursed
        $809 Th
        Moneytree Corporation Bank Tenn.
        $10 M disbursed
        $738 Th
        Premier Bank Holding Company Bank Fla.
        $10 M disbursed
        $467 Th
        Florida Business BancGroup Bank Fla.
        $9 M disbursed
        $769 Th
        City National Bancshares Corporation Bank N.J.
        $9 M disbursed
        $282 Th
        Cache Valley Banking Company Bank Utah
        $9 M disbursed
        $580 Th
        FCB Bancorp Bank Ky.
        $9 M disbursed
        $839 Th
        Freedom First Federal Credit Union Bank Va.
        $9 M disbursed
        $0
        Provident Community Bancshares Bank S.C.
        $9 M disbursed
        $543 Th
        Carrollton Bancorp Bank Md.
        $9 M disbursed
        $693 Th
        First Priority Financial Corp Bank Pa.
        $9 M disbursed
        $522 Th
        Elmira Savings Bank Bank N.Y.
        $9 M disbursed
        $752 Th
        Community Partners Bancorp Bank N.J.
        $9 M disbursed
        $694 Th
        HPK Financial Corporation Bank Ill.
        $9 M disbursed
        $480 Th
        Delmar Bancorp Bank Md.
        $9 M disbursed
        $342 Th
        UBT Banchares Bank Kan.
        $9 M disbursed
        $752 Th
        RCB Financial Corporation Bank Ga.
        $9 M disbursed
        $542 Th
        Salisbury Bancorp Bank Conn.
        $9 M disbursed
        $627 Th
        Citizens First Corp Bank Ky.
        $9 M disbursed
        $727 Th
        Farmers Bank Bank Va.
        $9 M disbursed
        $745 Th
        Equity Bancshares Bank Kan.
        $9 M disbursed
        $735 Th
        Georgia Commerce Bancshares Bank Ga.
        $9 M disbursed
        $723 Th
        United American Bank Bank Calif.
        $9 M disbursed
        $0
        First Freedom Bancshares, Inc. Bank Tenn.
        $9 M disbursed
        $297 Th
        Sonoma Valley Bancorp Bank Calif.
        $9 M disbursed
        $347 Th
        Wachovia subsidiaries Mortgage Servicer Iowa
        $239 Th disbursed / $9 M committed
        $0
        BancStar, Inc. Bank Mo.
        $9 M disbursed
        $641 Th
        Mortgage Center, LLC Mortgage Servicer Mich.
        $51 Th disbursed / $9 M committed
        $0
        Summit State Bank Bank Calif.
        $9 M disbursed
        $704 Th
        Vantium Capital, Inc.dba Acqura Loan Services Mortgage Servicer Texas
        $8 M committed
        $0
        Great River Holding Company Bank Minn.
        $8 M disbursed
        $760 Th
        Fay Servicing, LLC Mortgage Servicer Ill.
        $8 M committed
        $0
        Private Bancorporation Bank Minn.
        $8 M disbursed
        $499 Th
        Annapolis Bancorp Bank Md.
        $8 M disbursed
        $628 Th
        F&M Bancshares Bank Tenn.
        $8 M disbursed
        $524 Th
        First Bank Mortgage Servicer Mo.
        $254 Th disbursed / $8 M committed
        $0
        AMS Servicing, LLC Mortgage Servicer N.Y.
        $8 M committed
        $0
        IBC Bancorp, Inc. Bank Ill.
        $8 M disbursed
        $427 Th
        Fairfax County Federal Credit Union Bank Va.
        $8 M disbursed
        $0
        Syringa Bancorp Bank Idaho
        $8 M disbursed
        $253 Th
        The Magnolia State Corporation Bank Miss.
        $8 M disbursed
        $0
        First Eagle Bancshares, Inc. Bank Ill.
        $8 M disbursed
        $1 M
        MS Financial Bank Texas
        $8 M disbursed
        $477 Th
        Commonwealth Business Bank Bank Calif.
        $8 M disbursed
        $131 Th
        Metro City Bank Bank Ga.
        $8 M disbursed
        $647 Th
        Oak Ridge Financial Services Bank N.C.
        $8 M disbursed
        $594 Th
        Valley Commerce Bancorp Bank Calif.
        $8 M disbursed
        $647 Th
        First Gothenburg Bancshares Bank Neb.
        $8 M disbursed
        $605 Th
        Country Bank Shares Bank Neb.
        $8 M disbursed
        $632 Th
        Centrix Bank & Trust Bank N.H.
        $8 M disbursed
        $623 Th
        Emclaire Financial Corp Bank Pa.
        $8 M disbursed
        $617 Th
        The Little Bank Bank N.C.
        $8 M disbursed
        $672 Th
        BNB Financial Services Corp Bank N.Y.
        $8 M disbursed
        $441 Th
        Gulfstream Bancshares Bank Fla.
        $8 M disbursed
        $464 Th
        GulfSouth Private Bank Bank Fla.
        $8 M disbursed
        $681 Th
        Somerset Hills Bancorp Bank N.J.
        $7 M returned / $7 M disbursed
        $403 Th
        Avenue Financial Holdings Bank Tenn.
        $7 M disbursed
        $592 Th
        First Sound Bank Bank Wash.
        $7 M disbursed
        $331 Th
        First BancTrust Corp Bank Ill.
        $7 M disbursed
        $595 Th
        Western Community Bancshares Bank Calif.
        $7 M disbursed
        $554 Th
        FFW Corp Bank Ind.
        $7 M disbursed
        $658 Th
        Millenium Bancorp Bank Colo.
        $7 M disbursed
        $343 Th
        Iberiabank Mortgage Servicer Fla.
        $2 Th disbursed / $7 M committed
        $0
        Central Federal Corp Bank Ohio
        $7 M disbursed
        $612 Th
        TriSummit Bank Bank Tenn.
        $7 M disbursed
        $343 Th
        Central Valley Community Bancorp Bank Calif.
        $7 M disbursed
        $540 Th
        Fidelity Bancorp, Inc. Bank Pa.
        $7 M disbursed
        $586 Th
        Hamilton State Bancshares Bank Ga.
        $7 M disbursed
        $567 Th
        Old Line Bancshares Bank Md.
        $7 M returned / $7 M disbursed
        $439 Th
        Chicago Shore Corporation Bank Ill.
        $7 M disbursed
        $397 Th
        Heartland Bancshares, Inc. Bank Ind.
        $7 M disbursed
        $66 Th
        Community Financial Shares, Inc. Bank Ill.
        $7 M disbursed
        $475 Th
        Guaranty Bancorp Bank N.H.
        $7 M disbursed
        $560 Th
        Idaho Bancorp Bank Idaho
        $7 M disbursed
        $124 Th
        NC Bancorp Bank Ill.
        $7 M disbursed
        $332 Th
        ORNL Federal Credit Union Mortgage Servicer Tenn.
        $2 Th disbursed / $7 M committed
        $0
        Security California Bancorp Bank Calif.
        $7 M disbursed
        $594 Th
        Pierce County Bancorp Bank Wash.
        $7 M disbursed
        $208 Th
        Harbor Bankshares Corporation Bank Md.
        $7 M disbursed
        $283 Th
        Monarch Community Bancorp Bank Mich.
        $7 M disbursed
        $263 Th
        Premier Bancorp Bank Ill.
        $7 M disbursed
        $660 Th
        Pathfinder Bancorp, Inc. Bank N.Y.
        $7 M disbursed
        $314 Th
        Highlands Independent Bancshares Bank Fla.
        $7 M disbursed
        $526 Th
        Fidelity Federal Bancorp Bank Ind.
        $7 M disbursed
        $0
        Alarion Financial Services Bank Fla.
        $7 M disbursed
        $554 Th
        Catskill Hudson Bancorp Bank N.Y.
        $7 M disbursed
        $360 Th
        Pacific International Bancorp Bank Wash.
        $7 M disbursed
        $138 Th
        Liberty Bancshares, Inc. (TX) Bank Texas
        $7 M disbursed
        $239 Th
        Biscayne Bancshares, Inc. Bank Fla.
        $6 M disbursed
        $472 Th
        First Intercontinental Bank Bank Ga.
        $6 M disbursed
        $496 Th
        Premier Financial Corp Bank Iowa
        $6 M disbursed
        $522 Th
        Citizens Commerce Bancshares Bank Ky.
        $6 M disbursed
        $180 Th
        Carter Federal Credit Union Bank La.
        $6 M disbursed
        $0
        Cardinal Bancorp II, Inc. Bank Mo.
        $6 M disbursed
        $425 Th
        First Vernon Bancshares Bank Ala.
        $6 M disbursed
        $663 Th
        Randolph Bank & Trust Company Bank N.C.
        $6 M disbursed
        $269 Th
        Moscow Bancshares Bank Tenn.
        $6 M disbursed
        $529 Th
        Union Bank & Trust Company Bank N.C.
        $6 M disbursed
        $323 Th
        OSB Financial Services Bank Texas
        $6 M disbursed
        $674 Th
        Centric Financial Corporation Bank Pa.
        $6 M disbursed
        $210 Th
        American State Bancshares Bank Kan.
        $6 M disbursed
        $523 Th
        Beach Business Bank Bank Calif.
        $6 M disbursed
        $504 Th
        IBW Financial Corporation Bank D.C.
        $6 M disbursed
        $453 Th
        ICB Financial Bank Calif.
        $6 M disbursed
        $471 Th
        Patapsco Bancorp Bank Md.
        $6 M disbursed
        $378 Th
        Peninsula Bank Holding Co Bank Calif.
        $6 M disbursed
        $150 Th
        Gateway Bancshares Bank Ga.
        $6 M disbursed
        $415 Th
        McLeod Bancshares, Inc. Bank Minn.
        $6 M disbursed
        $241 Th
        Howard Bancorp Bank Md.
        $6 M disbursed
        $478 Th
        Rising Sun Bancorp Bank Md.
        $6 M disbursed
        $196 Th
        IA Bancorp, Inc. Bank N.J.
        $6 M disbursed
        $286 Th
        Leader Bancorp Bank Mass.
        $6 M disbursed
        $523 Th
        Security Business Bancorp Bank Calif.
        $6 M disbursed
        $506 Th
        Central Bancshares Bank Texas
        $6 M disbursed
        $487 Th
        FPB Bancorp Bank Fla.
        $6 M disbursed
        $274 Th
        CFBanc Corporation Bank D.C.
        $6 M disbursed
        $0
        Seaside National Bank & Trust Bank Fla.
        $6 M disbursed
        $483 Th
        United Financial Banking Companies Bank Va.
        $6 M disbursed
        $487 Th
        Marix Servicing Mortgage Servicer Ariz.
        $28 Th disbursed / $6 M committed
        $0
        Waukesha Bankshares Bank Wis.
        $6 M disbursed
        $337 Th
        Boscobel Bancorp, Inc Bank Wis.
        $6 M disbursed
        $469 Th
        First Southwest Bancorporation Bank Colo.
        $6 M disbursed
        $207 Th
        Valley Community Bank Bank Calif.
        $6 M disbursed
        $480 Th
        One Georgia Bank Bank Ga.
        $6 M disbursed
        $0
        Legacy Bancorp Bank Wis.
        $5 M disbursed
        $355 Th
        American Bancorp of Illinois, Inc. Bank Ill.
        $5 M disbursed
        $0
        The Private Bank of California Bank Calif.
        $5 M disbursed
        $441 Th
        Highlands State Bank Bank N.J.
        $5 M disbursed
        $303 Th
        Connecticut Bank and Trust Company Bank Conn.
        $5 M disbursed
        $272 Th
        BankAsiana Bank N.J.
        $5 M disbursed
        $0
        Midtown Bank & Trust Company Bank Ga.
        $5 M disbursed
        $275 Th
        First Choice Bank Bank Calif.
        $5 M disbursed
        $411 Th
        Mission Community Bancorp Bank Calif.
        $5 M disbursed
        $409 Th
        Capital Commerce Bancorp, Inc. Bank Wis.
        $5 M disbursed
        $305 Th
        Franklin Bancorp, Inc. Bank Mo.
        $5 M disbursed
        $342 Th
        First Resource Bank Bank Pa.
        $5 M disbursed
        $300 Th
        Blue River Bancshares Bank Ind.
        $5 M disbursed
        $393 Th
        Commerce National Bank Bank Calif.
        $5 M returned / $5 M disbursed
        $36 Th
        Financial Security Corp Bank Wyo.
        $5 M disbursed
        $410 Th
        First Express of Nebraska Bank Neb.
        $5 M disbursed
        $416 Th
        Southern Illinois Bancorp Bank Ill.
        $5 M disbursed
        $425 Th
        BlackRidge Financial, Inc. Bank N.D.
        $5 M disbursed
        $335 Th
        Covenant Financial Corporation Bank Miss.
        $5 M disbursed
        $257 Th
        AmFirst Financial Services, Inc. Bank Neb.
        $5 M disbursed
        $413 Th
        Germantown Capital Corporation Bank Tenn.
        $5 M disbursed
        $390 Th
        First ULB Corp Bank Calif.
        $5 M returned / $5 M disbursed
        $311 Th
        York Traditions Bank Bank Pa.
        $5 M disbursed
        $347 Th
        Southern Heritage Bancshares, Inc. Bank Tenn.
        $5 M disbursed
        $331 Th
        BNC Financial Group Bank Conn.
        $5 M disbursed
        $383 Th
        First Menasha Bancshares Bank Wis.
        $5 M disbursed
        $394 Th
        Alaska Pacific Bankshares Bank Alaska
        $5 M disbursed
        $305 Th
        Monument Bank Bank Md.
        $5 M disbursed
        $398 Th
        Capital Bancorp Bank Md.
        $5 M disbursed
        $421 Th
        Western Reserve Bancorp, Inc Bank Ohio
        $5 M disbursed
        $320 Th
        Virginia Company Bank Bank Va.
        $5 M disbursed
        $291 Th
        CalWest Bancorp Bank Calif.
        $5 M disbursed
        $396 Th
        Lafayette Bancorp Bank Miss.
        $5 M disbursed
        $367 Th
        Hope Federal Credit Union Bank Miss.
        $5 M disbursed
        $0
        First Colebrook Bancorp Bank N.H.
        $5 M disbursed
        $344 Th
        Puget Sound Bank Bank Wash.
        $5 M disbursed
        $388 Th
        Georgia Primary Bank Bank Ga.
        $5 M disbursed
        $0
        Mainline Bancorp, Inc. Bank Pa.
        $5 M disbursed
        $154 Th
        Community Pride Bank Corporation Bank Minn.
        $4 M disbursed
        $270 Th
        CBB Bancorp Bank Ga.
        $4 M disbursed
        $269 Th
        Pinnacle Bank Holding Company Bank Fla.
        $4 M disbursed
        $285 Th
        Metropolitan Capital Bancorp, Inc. Bank Ill.
        $4 M disbursed
        $236 Th
        Wescom Central Credit Union Mortgage Servicer Calif.
        $138 Th disbursed / $4 M committed
        $0
        First Business Bank, N.A. Bank Calif.
        $4 M disbursed
        $231 Th
        Northeast Bancorp Bank Maine
        $4 M disbursed
        $354 Th
        The Golden 1 Credit Union Mortgage Servicer Calif.
        $4 M committed
        $0
        Pacific Coast National Bancorp Bank Calif.
        $4 M disbursed
        $18 Th
        CB Holding Corp. Bank Ill.
        $4 M disbursed
        $272 Th
        Community Bank of the Bay Bank Calif.
        $4 M disbursed
        $76 Th
        Pacific Commerce Bank Bank Calif.
        $4 M disbursed
        $332 Th
        The Bank of Currituck Bank N.C.
        $2 M returned / $4 M disbursed
        $170 Th
        California Bank of Commerce Bank Calif.
        $4 M disbursed
        $320 Th
        Capital Pacific Bancorp Bank Ore.
        $4 M disbursed
        $358 Th
        Carolina Trust Bank Bank N.C.
        $4 M disbursed
        $305 Th
        Hilltop Community Bancorp Bank N.J.
        $4 M returned / $4 M disbursed
        $467 Th
        Naples Bancorp Bank Fla.
        $4 M disbursed
        $302 Th
        Premier Service Bank Bank Calif.
        $4 M disbursed
        $55 Th
        Santa Lucia Bancorp Bank Calif.
        $4 M disbursed
        $331 Th
        SBT Bancorp Bank Conn.
        $4 M disbursed
        $302 Th
        Todd Bancshares Bank Ky.
        $4 M disbursed
        $332 Th
        SV Financial, Inc. Bank Ill.
        $4 M disbursed
        $294 Th
        Grand Capital Corporation Bank Okla.
        $4 M disbursed
        $285 Th
        Investors Financial Corporation of Pettis County Bank Mo.
        $4 M disbursed
        $174 Th
        Enterprise Financial Services Group Bank Pa.
        $4 M disbursed
        $256 Th
        KS Bancorp, Inc. Bank N.C.
        $4 M disbursed
        $214 Th
        Providence Bank Bank N.C.
        $4 M disbursed
        $188 Th
        Texas National Bancorporation Bank Texas
        $4 M returned / $4 M disbursed
        $494 Th
        Community Business Bank Bank Calif.
        $4 M disbursed
        $318 Th
        Fidelity Bancorp, Inc (LA) Bank La.
        $4 M disbursed
        $401 Th
        Peoples Bancshares of TN Bank Tenn.
        $4 M disbursed
        $298 Th
        Community Bancshares, Inc. Bank Ariz.
        $4 M disbursed
        $267 Th
        Redwood Capital Bancorp Bank Calif.
        $4 M disbursed
        $327 Th
        Tifton Banking Company Bank Ga.
        $4 M disbursed
        $223 Th
        ShoreBank Mortgage Servicer Ill.
        $195 Th disbursed / $4 M committed
        $0
        Pascack Community Bank Bank N.J.
        $4 M disbursed
        $312 Th
        First Financial Bancshares Bank Kan.
        $4 M disbursed
        $358 Th
        Financial Services of Winger, Inc. Bank Minn.
        $4 M disbursed
        $316 Th
        Pathway Bancorp Bank Neb.
        $4 M disbursed
        $78 Th
        Triad Bancorp Bank Mo.
        $4 M disbursed
        $279 Th
        Patterson Bancshares Bank La.
        $4 M disbursed
        $66 Th
        AMB Financial Corp Bank Ind.
        $4 M disbursed
        $309 Th
        Allied First Bancorp Bank Ill.
        $4 M disbursed
        $260 Th
        Wealthbridge Mortgage Corp Mortgage Servicer Ore.
        $4 M committed
        $0
        CUC Mortgage Corporation Mortgage Servicer N.Y.
        $24 Th disbursed / $4 M committed
        $0
        CedarStone Bank Bank Tenn.
        $4 M disbursed
        $296 Th
        Merchants and Manufacturers Bank Corporation Bank Ill.
        $4 M disbursed
        $221 Th
        AB&T Financial Corp Bank N.C.
        $4 M disbursed
        $273 Th
        Mercantile Capital Corp Bank Mass.
        $4 M disbursed
        $291 Th
        Pathfinder Bank Mortgage Servicer N.Y.
        $3 M committed
        $0
        First Alliance Bancshares Bank Tenn.
        $3 M disbursed
        $212 Th
        Birmingham Bloomfield Bancshares Bank Mich.
        $3 M disbursed
        $174 Th
        Bainbridge Bancshares, Inc. Bank Ga.
        $3 M disbursed
        $0
        Madison Financial Corp Bank Ky.
        $3 M disbursed
        $169 Th
        First Bank of Charleston Bank W.Va.
        $3 M disbursed
        $278 Th
        California Oaks State Bank Bank Calif.
        $3 M disbursed
        $281 Th
        Mountain Valley Bancshares, Inc. Bank Ga.
        $3 M disbursed
        $160 Th
        Bancorp of Okolona, Inc. Bank Miss.
        $3 M disbursed
        $0
        Congaree Bancshares Bank S.C.
        $3 M disbursed
        $152 Th
        Treaty Oak Bancorp Bank Texas
        $3 M disbursed
        $192 Th
        Border Federal Credit Union Bank Texas
        $3 M disbursed
        $0
        Hometown Bancorp of Alabama Bank Ala.
        $3 M disbursed
        $263 Th
        FPB Financial Corp Bank La.
        $3 M returned / $3 M disbursed
        $384 Th
        First Independence Corporation Bank Mich.
        $3 M disbursed
        $155 Th
        Oregon Bancorp Bank Ore.
        $3 M disbursed
        $229 Th
        Kilmichael Bancorp, Inc. Bank Miss.
        $3 M disbursed
        $0
        Crazy Woman Creek Bancorp Bank Wyo.
        $3 M disbursed
        $251 Th
        Fortune Financial Corporation Bank Mo.
        $3 M disbursed
        $231 Th
        Grand Mountain Bancshares, Inc. Bank Colo.
        $3 M disbursed
        $0
        Lone Star Bank Bank Texas
        $3 M disbursed
        $0
        Sound Banking Company Bank N.C.
        $3 M disbursed
        $268 Th
        FBHC Holding Company Bank Colo.
        $3 M disbursed
        $155 Th
        Citizens Community Bank Bank Va.
        $3 M disbursed
        $269 Th
        Clover Community Bankshares Bank S.C.
        $3 M disbursed
        $226 Th
        Marine Bank & Trust Company Bank Fla.
        $3 M disbursed
        $236 Th
        PGB Holdings Bank Ill.
        $3 M disbursed
        $228 Th
        St. Johns Bancshares Bank Mo.
        $3 M disbursed
        $233 Th
        Tennessee Valley Financial Holdings Bank Tenn.
        $3 M disbursed
        $146 Th
        Frontier Bancshares Bank Texas
        $3 M returned / $3 M disbursed
        $408 Th
        Freeport Bancshares Bank Ill.
        $3 M disbursed
        $320 Th
        Fidelity Resources Company Bank Texas
        $3 M disbursed
        $186 Th
        Bank of Commerce Bank N.C.
        $3 M disbursed
        $258 Th
        Layton Park Financial Group Bank Wis.
        $3 M disbursed
        $108 Th
        Redwood Financial Bank Minn.
        $3 M disbursed
        $261 Th
        F & C Bancorp, Inc. Bank Mo.
        $3 M disbursed
        $309 Th
        Alliance Bancshares Bank Ga.
        $3 M disbursed
        $185 Th
        Community Credit Union of Florida Mortgage Servicer Fla.
        $3 M committed
        $0
        Santa Clara Valley Bank Bank Calif.
        $3 M disbursed
        $159 Th
        Berkshire Bancorp Bank Pa.
        $3 M disbursed
        $146 Th
        US Metro Bank Bank Calif.
        $3 M disbursed
        $238 Th
        Santa Cruz Community Credit Union Bank Calif.
        $3 M disbursed
        $0
        Omega Capital Corp Bank Colo.
        $3 M disbursed
        $50 Th
        Prairie Star Bancshares Bank Kan.
        $3 M disbursed
        $132 Th
        Cooperative Center Federal Credit Union Bank Calif.
        $3 M disbursed
        $0
        Tri-State Bank of Memphis Bank Tenn.
        $3 M disbursed
        $190 Th
        SouthFirst Bancshares Bank Ala.
        $3 M disbursed
        $177 Th
        Centrue Bank Mortgage Servicer Ill.
        $3 M committed
        $0
        Worthington Financial Holdings, Inc. Bank Ala.
        $3 M disbursed
        $185 Th
        DeSoto County Bank Bank Miss.
        $3 M disbursed
        $144 Th
        Bank of George Bank Nev.
        $3 M disbursed
        $207 Th
        Regent Capital Corporation Bank Okla.
        $3 M disbursed
        $212 Th
        Community First Guam Federal Credit Union Bank Guam
        $3 M disbursed
        $0
        Shreveport Federal Credit Union Bank La.
        $3 M disbursed
        $0
        Deerfield Financial Corporation Bank Wis.
        $3 M disbursed
        $277 Th
        Manhattan Bancshares, Inc. Bank Ill.
        $3 M disbursed
        $256 Th
        Community Investors Bancorp Bank Ohio
        $3 M disbursed
        $233 Th
        Northern State Bank Bank N.J.
        $3 M disbursed
        $132 Th
        Goldwater Bank Bank Ariz.
        $3 M disbursed
        $146 Th
        Community 1st Bank Bank Calif.
        $3 M disbursed
        $139 Th
        Plato Holdings Inc. Bank Minn.
        $3 M disbursed
        $223 Th
        Atlantic City Federal Credit Union Bank Wyo.
        $3 M disbursed
        $0
        Pyramid Federal Credit Union Bank Ariz.
        $3 M disbursed
        $0
        AmeriBank Holding Company Bank Okla.
        $2 M disbursed
        $196 Th
        Suburban Mortgage Company of New Mexico Mortgage Servicer N.M.
        $2 M committed
        $0
        IC Federal Credit Union Mortgage Servicer Mass.
        $4 Th disbursed / $2 M committed
        $0
        Banco Popular de Puerto Rico Mortgage Servicer Puerto Rico
        $2 M committed
        $0
        Franklin Savings Mortgage Servicer Ohio
        $2 M committed
        $0
        Grand Financial Corporation Bank Miss.
        $2 M disbursed
        $182 Th
        Citizens Bank & Trust Company Bank La.
        $2 M disbursed
        $20 Th
        CSRA Bank Corp Bank Ga.
        $2 M disbursed
        $181 Th
        Green Circle Investments Bank Iowa
        $2 M disbursed
        $192 Th
        Brogan Bankshares, Inc. Bank Wis.
        $2 M disbursed
        $252 Th
        NEMO Bancshares Inc. Bank Mo.
        $2 M disbursed
        $226 Th
        IBT Bancorp Bank Texas
        $2 M disbursed
        $173 Th
        Columbine Capital Corp Bank Colo.
        $2 M disbursed
        $181 Th
        CenterBank Bank Ohio
        $2 M disbursed
        $158 Th
        Alternatives Federal Credit Union Bank N.Y.
        $2 M disbursed
        $0
        Union Financial Corporation Bank N.M.
        $2 M disbursed
        $72 Th
        Los Alamos National Bank Mortgage Servicer N.M.
        $3 Th disbursed / $2 M committed
        $0
        Silver State Schools Credit Union Mortgage Servicer Nev.
        $2 M committed
        $0
        Security Bancshares of Pulaski County Bank Mo.
        $2 M disbursed
        $177 Th
        Titonka Bancshares Bank Iowa
        $2 M disbursed
        $158 Th
        Ojai Community Bank Bank Calif.
        $2 M disbursed
        $175 Th
        Market Bancorporation Bank Minn.
        $2 M disbursed
        $139 Th
        The Victory Bank Bank Pa.
        $2 M disbursed
        $96 Th
        Magna Bank (servicing) Mortgage Servicer Tenn.
        $2 M committed
        $0
        Surrey Bancorp Bank N.C.
        $2 M disbursed
        $174 Th
        TCNB Financial Corp Bank Ohio
        $2 M disbursed
        $179 Th
        Nationwide Bankshares, Inc. Bank Neb.
        $2 M disbursed
        $114 Th
        Atlantic Bancshares, Inc. Bank S.C.
        $2 M disbursed
        $68 Th
        Northwest Commercial Bank Bank Wash.
        $2 M disbursed
        $164 Th
        Fresno First Bank Bank Calif.
        $2 M disbursed
        $134 Th
        Virginia Community Capital, Inc. Bank Va.
        $2 M disbursed
        $0
        Hometown Bancshares Bank Ky.
        $2 M disbursed
        $156 Th
        Merchants and Planters Bancshares Bank Tenn.
        $2 M disbursed
        $148 Th
        Monadnock Bancorp Bank N.H.
        $2 M disbursed
        $166 Th
        Seacoast Commerce Bank Bank Calif.
        $2 M disbursed
        $161 Th
        American Premier Bancorp Bank Calif.
        $2 M disbursed
        $119 Th
        Bramble Savings Bank Mortgage Servicer Ohio
        $2 M committed
        $0
        Southern Chautauqua Federal Credit Union Bank N.Y.
        $2 M disbursed
        $0
        BCB Holding Company Bank Ala.
        $2 M disbursed
        $127 Th
        Manhattan Bancorp Bank Calif.
        $2 M returned / $2 M disbursed
        $130 Th
        Maryland Financial Bank Bank Md.
        $2 M disbursed
        $36 Th
        Signature Bancshares Bank Texas
        $2 M disbursed
        $162 Th
        The State Bank of Bartley Bank Neb.
        $2 M disbursed
        $130 Th
        Gateway Community Federal Credit Union Bank Mont.
        $2 M disbursed
        $0
        Gold Canyon Bank Bank Ariz.
        $2 M disbursed
        $54 Th
        Tongass Federal Credit Union Bank Alaska
        $2 M disbursed
        $0
        Citizens First National Bank Mortgage Servicer Ill.
        $1 Th disbursed / $2 M committed
        $0
        Hyperion Bank Bank Pa.
        $2 M disbursed
        $129 Th
        Saigon National Bank Calif.
        $2 M disbursed
        $0
        D.C. Federal Credit Union Bank D.C.
        $2 M disbursed
        $0
        Regional Bankshares Bank S.C.
        $2 M disbursed
        $123 Th
        Vision Bank - Texas Bank Texas
        $2 M disbursed
        $107 Th
        PFSB Bancorporation, Inc. Bank Wis.
        $2 M disbursed
        $76 Th
        Schools Financial Credit Union Mortgage Servicer Calif.
        $7 Th disbursed / $1 M committed
        $0
        First Keystone Bank Mortgage Servicer Pa.
        $15 Th disbursed / $1 M committed
        $0
        Horizon Bank, NA Mortgage Servicer Ind.
        $1 M committed
        $0
        Sterling Savings Bank Mortgage Servicer Wash.
        $17 Th disbursed / $1 M committed
        $0
        Vericret Financial, Inc. Mortgage Servicer Okla.
        $1 M committed
        $0
        Liberty Bank and Trust Co Mortgage Servicer La.
        $1 M committed
        $0
        Indiana Bank Corp Bank Ind.
        $1 M disbursed
        $94 Th
        Fort Lee Federal Savings Bank Bank N.J.
        $1 M disbursed
        $87 Th
        Valley Financial Group, Ltd., 1st State Bank Bank Mich.
        $1 M disbursed
        $47 Th
        Vigo County Federal Credit Union Bank Ind.
        $1 M disbursed
        $0
        Spirit of Alaska Federal Credit Union Mortgage Servicer Alaska
        $1 M committed
        $0
        First Advantage Bancshares Inc. Bank Minn.
        $1 M disbursed
        $79 Th
        Technology Credit Union Mortgage Servicer Calif.
        $19 Th disbursed / $1 M committed
        $0
        Hillsdale County National Bank Mortgage Servicer Mich.
        $11 Th disbursed / $1 M committed
        $0
        Hartford Savings Bank Mortgage Servicer Wis.
        $1 M committed
        $0
        Citizens Community Bank (IL) Mortgage Servicer Ill.
        $1 M committed
        $0
        Flagstar Capital Markets Corporation Mortgage Servicer Mich.
        $1 M committed
        $0
        Riverside Bancshares, Inc. Bank Ark.
        $1 M disbursed
        $115 Th
        Southside Credit Union Bank Texas
        $1 M disbursed
        $0
        Brewery Credit Union Bank Wis.
        $1 M disbursed
        $0
        Opportunities Credit Union Bank Vt.
        $1 M disbursed
        $0
        Independence Bank Bank R.I.
        $1 M disbursed
        $93 Th
        Community Holding Company of Florida Bank Fla.
        $1 M disbursed
        $87 Th
        Calvert Financial Corp Bank Mo.
        $1 M disbursed
        $88 Th
        Fidelity Homestead Savings Bank Mortgage Servicer La.
        $1 M committed
        $0
        M&T Bank Mortgage Servicer N.Y.
        $1 M committed
        $0
        Bank Financial Services, Inc. Bank Minn.
        $1 M disbursed
        $55 Th
        BankGreenville Bank S.C.
        $1 M disbursed
        $82 Th
        Butte Federal Credit Union Bank Calif.
        $1 M disbursed
        $0
        First Legacy Community Credit Union Bank N.C.
        $1 M disbursed
        $0
        Bern Bancshares Bank Kan.
        $985 Th disbursed
        $81 Th
        Lower East Side People's Federal Credit Union Bank N.Y.
        $898 Th disbursed
        $0
        IBM Southeast Employees' Federal Credit Union Mortgage Servicer Fla.
        $3 Th disbursed / $870 Th committed
        $0
        Central Florida Educators Federal Credit Union Mortgage Servicer Fla.
        $12 Th disbursed / $870 Th committed
        $0
        Park View Federal Savings Bank Mortgage Servicer Ohio
        $11 Th disbursed / $870 Th committed
        $0
        American Eagle Federal Credit Union Mortgage Servicer Conn.
        $870 Th committed
        $0
        HomeStar Bank & Financial Services Mortgage Servicer Ill.
        $1 Th disbursed / $870 Th committed
        $0
        Roebling Bank Mortgage Servicer N.J.
        $870 Th committed
        $0
        Greater Nevada Mortgage Services Mortgage Servicer Nev.
        $21 Th disbursed / $870 Th committed
        $0
        University First Federal Credit Union Mortgage Servicer Utah
        $870 Th committed
        $0
        Gregg Bancshares Bank Mo.
        $825 Th disbursed
        $45 Th
        Banner County Bank Corp Bank Neb.
        $795 Th disbursed
        $66 Th
        UNO Federal Credit Union Bank La.
        $743 Th disbursed
        $0
        First State Bank of Mobeetie Bank Texas
        $731 Th returned / $731 Th disbursed
        $82 Th
        Mission Federal Credit Union Mortgage Servicer Calif.
        $19 Th disbursed / $725 Th committed
        $0
        Oakland Municipal Credit Union Mortgage Servicer Calif.
        $725 Th committed
        $0
        Grafton Suburban Credit Union Mortgage Servicer Mass.
        $725 Th committed
        $0
        Verity Credit Union Mortgage Servicer Wash.
        $725 Th committed
        $0

  •  That's weird (0+ / 0-)

    Anyone else lose the whole right side of the web page where the diaries are?

  •  off topic but when i do the math (4+ / 0-)
    Recommended by:
    gmb, mediaprisoner, Badabing, HamdenRice

    the fed gave out more than 8 trillion dollars to the banks

    Newly released documents show that the most loan money over time went to Citigroup ($2.2 trillion), followed by Merrill Lynch ($2.1 trillion), Morgan Stanley ($2 trillion), Bank of America ($1.1 trillion), Bear Stearns ($960 billion), Goldman Sachs ($620 billion), JPMorgan Chase ($260 billion) and Wells Fargo ($150 billion).

    i was  not aware they tossed  out so much money to the banks

    •  They didn't (2+ / 0-)
      Recommended by:
      gerald 1969, Sky Net

      The Fed created credit "facilities".  That means programs.  The total amount was about $4 trillion, but most of it was for other central banks (currency swaps) and US domestic corporations (commercial paper).

      The discrepancy is that when they create a "facility," that money can be used over and over again.  So if Citi borrows say $100 billion, then pays it back, then borrows $150 billion, then pays it back, then borrows $100 billion, then the total amount listed for Citi is $350 billion, even though they never borrowed more than $150 billion at any time.

      That's why the $8 trillion number is so much larger than the facility.

  •  Goldman Sachs' (2+ / 0-)
    Recommended by:
    gmb, Joieau

    Sock Puppet.

  •  One thing is true Badabing, you do not lack those (1+ / 0-)
    Recommended by:
    Badabing

    "fucking balls", if only they were contagious.

    Never kick a fresh turd on a hot day. Harry Truman

    by temptxan on Thu Dec 02, 2010 at 05:22:49 AM PST

  •  Thank You for the Mention in Your Diary (5+ / 0-)
    Recommended by:
    jdmorg, Tamifah, splashoil, Badabing, Tam in CA

    Is anyone else having a hard time sorting out items the mixed bag in the Fed document dump?

    The thing that strikes me is the extraordinary lengths that the Fed went to in order to keep both private and public institutions alive during the crisis.

    Some of this seems rather ordinary -- short-term lending of cash to banks and big business in order to keep money circulating around the system.

    Some of this seems pretty strange -- the buying up of mortgage-backed securities from foreign banks.

    But mostly I am struck by the enormous resources that the Fed summoned to rescue the financial system, compared to the paltry efforts of government when it came to rescuing workers and homeowners.

    The Fed brought out the big guns for the financial system.

    Congress has been very reluctant to do its part to help out workers, homeowners, families, etc.

    Government saved the markets and sacrified its people.

    by bink on Thu Dec 02, 2010 at 05:28:37 AM PST

    •  didnt this whole thing start with someone (0+ / 0-)

      withdrawing like a gazillion dollars out of money market funds?

      Or am I confused?

      Or both?

      I'm kind of stalling for time here...They told me what to say. George W Bush, 03-21-2006 10:00 EST Press Conference

      by Tamifah on Thu Dec 02, 2010 at 05:38:48 AM PST

      [ Parent ]

      •  I'd Venture a Guess (2+ / 0-)
        Recommended by:
        gerald 1969, Badabing

        That if it started anywhere, it started with deregulation.  This is when we really poured gasoline on the fire.

        As far as the money market funds go -- I remember there being huge outflows of cash, almost simultaneously, but no one ever explained to me who was taking money out and how the action came to be so perfectly coordinated.

        Government saved the markets and sacrified its people.

        by bink on Thu Dec 02, 2010 at 05:55:22 AM PST

        [ Parent ]

        •  Problem was more the regulators being captured (0+ / 0-)

          by the industry they are supposed to police, so they wilfully ignored wrongdoing (and we're talking major league criminality).
          If the regulators had applied existing reg.s in good faith, all this pretty much wouldna happened.
          But then, wishing human beings would act all honest around enormous pots of money is asking a bit too much.

          "In order that all men may be taught to speak truth, it is necessary that all likewise should learn to hear it." Samuel Johnson

          by HiKa on Thu Dec 02, 2010 at 06:55:41 AM PST

          [ Parent ]

      •  The Reserve Primary Fund (1+ / 0-)
        Recommended by:
        virginislandsguy

        did "break the buck," but that was after Lehman went under.  The consequences of that run were pretty drastic, as money markets in general were major purchasers of commercial paper, and the markets for short term corporate loans dried up.  (Lehman going under had otherwise limited effects on counterparties, unlike a Bear collapse which still had lots of default swaps outstanding had JPM not stepped in.)  The fed opened up two programs -- one for money markets to borrow and thus cover any redemptions (which prevented further runs, the way an FDIC program does with commercial banks) and one to purchase short term commercial paper.  That restored liquidity to the market.  

        "This world demands the qualities of youth: not a time of life but a state of mind[.]" -- Robert F. Kennedy

        by Loge on Thu Dec 02, 2010 at 06:35:02 AM PST

        [ Parent ]

  •  From the Huffpo ( yes, I know many people (1+ / 0-)
    Recommended by:
    Badabing

    do not like)

    Nine firms -- five of them foreign -- were able to borrow $5 billion in U.S. government securities, which effectively act like cash on Wall Street, for four weeks at the minuscule interest rate of 0.0077 percent.

    That is not a typo.

    On 31 separate transactions, the lucky nine were able to borrow billions for 28 days as part of a crisis-era Fed program that lent the securities, known as Treasuries, for 28-day chunks to ensure that firms had cash on hand to lend, invest with and trade. The market was seizing up; effectively free money, courtesy of Uncle Same, helped it thaw.

    The European firms -- Credit Suisse (Switzerland), Deutsche Bank (Germany), Royal Bank of Scotland (U.K.), Barclays (U.K.), and BNP Paribas (France) -- borrowed $5 billion worth of Treasuries 19 different times, each paying just $383,561.64 in interest for the privilege. Deutsche led the way with seven such deals/

    That's equal to 0.0077 percent interest for the 28-day loan. The annual interest rate equals 0.10 percent

     Here is the link.

    Never kick a fresh turd on a hot day. Harry Truman

    by temptxan on Thu Dec 02, 2010 at 05:34:35 AM PST

    •  All 5 (0+ / 0-)

      have broker-dealer subsidiaries in the U.S. and are likely systematically important.

      "This world demands the qualities of youth: not a time of life but a state of mind[.]" -- Robert F. Kennedy

      by Loge on Thu Dec 02, 2010 at 06:36:57 AM PST

      [ Parent ]

  •  Sorry, I haven't waded through all the (1+ / 0-)
    Recommended by:
    Badabing

    comments above, but my 2 cents is this:

    The R's take a "my party [rarely] right or [often] wrong" approach to politics, not just when campaigning to win office, but also in how they exercise power when in office...
    If the D's do the same, then you have a race to the bottom.
    It reminds me of the quote usually attributed to Ghandi:
    An eye for an eye and a tooth for a tooth, and soon the whole world is blind and toothless.

    To get the better world we all want, you have to aim higher, and demand that your leaders aim higher (in deed as well as rhetoric).
    If you are led by people satisfied with the dirty compromise, you end up with what we have.

    "In order that all men may be taught to speak truth, it is necessary that all likewise should learn to hear it." Samuel Johnson

    by HiKa on Thu Dec 02, 2010 at 05:41:36 AM PST

  •  Fight Back Unconventionally (0+ / 0-)

    When the other side has the power, it is incumbent on all opponents to use whatever means at their disposal to fight back. The only other answer is capitulation and surrender. Right now, the Wikileaks model seems to be working because the powers that be are obviously frightened. If they desire to crush the life out of working people even as they wallow in their pigsty filled with bonuses, the very least that the rest of us can do is make them squirm. Start with corporate level revelations and work your way down to the personal proclivities of individual CEOs, VPs and shareholders.

    "You have nothing...nothing to threaten me with. Nothing to do with all your strength".

    by The Lone Apple on Thu Dec 02, 2010 at 05:42:27 AM PST

  •  Where are our leaders? (1+ / 0-)
    Recommended by:
    Badabing

    It seems that once again the man that I worked so hard for, and his party will give up their remaining small position of strength, and cave in on the promises that were made.  We will set around and argue  with each other, and nothing will happen.  We will loose more seats, we will loose the white house, and all will be safe for the big, the powerful, and the uncaring in this country.  Class warfare is coming. We will continue to sink in every measure of success in the world.  We will become the target of crazy right wing facist  nuts.  So sad.  So very perplexing that we cannot understand that you can't negotiate with those who's avowed purpose is to destroy you.  I am 72 years old.  I worked tirelessly for my party. I spent much more than could be sustained by my meager social security check. For What?  We elected a president and two houses of congress with a significant majority by American's who desperately needed relief from years of lies, trickle down BS, and corporate corruption and criminality.  Now it turns out that that this was all a sham.  Don't call me democrats. Don't call me Mr. One term president.  I've had it.  

    Maybe it is music that will save the world - Pablo Casals

    by Palmetto Progressive on Thu Dec 02, 2010 at 05:52:56 AM PST

  •  Tipped & Rec'd for the BBC clip alone.... (1+ / 0-)
    Recommended by:
    Badabing

    but also wish I could rec 1000 x's.  I am so upset and disillusioned by Obama.  As my homestate Senator, I was soooo proud, now soooo disappointed to see his former seat go to Kirk.  How did he and the Dems let this happen?  Why didn't he fight for his base?

  •  Tell POTUS! (1+ / 0-)
    Recommended by:
    Badabing

    Fill out his Report Card!  It really is nice to get it out there.  Can you say "primary time" and "third party?"

  •  In that first boxquote why does it say 3 trillion (0+ / 0-)

    then go on to list more than 9 trillion in total?  Am I just not reading it correctly?

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