How the heck can banks have needed bailouts if...? related questions

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How the heck can banks have needed bailouts if...?0teal2012-07-24 12:58:02
How the hell can bank bailouts have needed if all people who had these home loans that defaulted , if necessary to have PMI insurance ? PMI insurance is insurance to offset losses in the event that a debtor can not repay the loan and the lender is unable to recover its costs after foreclosure and sale of the mortgaged property . It makes no sense cursed. PMI says it is a fraud. That's like me, who offers car insurance and then says , are not going to cover, even though we paid for it . Can anyone shed some logical sense in this?
Do US banks have default insurance on credit card accounts protecting the banks from loss?0Stephanie2012-05-10 05:56:20
Is there any evidence of banks in the U.S. have a safe default for each credit card bill to protect the edge of the loss, as they may have in Germany? (See link below ) ( Consumer credit insurance protects banks and financial service providers of the risks involved in credit lines and installment loans , credit cards and electronic cash . Replaces the precautions taken so far to compensate default risk of both existing customers and new customers. All debts due under its retail banking business are covered by the policy. ) I am told that the U.S. banks do not suffer any loss when a customer defaults in payment of his credit card account with a balance because the bank is secure by default on each credit card account , which reimburses the bank in case of default , protecting the bank from loss. If this is true , where can we find evidence of this insurance default assumption underlying each credit card account created which reimburses the bank in case of default by the account holder credit card ? Sincerely , Robert -----------------------
AIG spends $350,000 on a SECOND spa junket after 2 bailouts. Who is doing who here?2combining form 예2012-08-08 09:29:02
AIG spent $ 350,000 on a conference call after 2 spa SECOND bailouts. Who is making here?
Why does Obama only provide bailouts for big business?1Benjua2012-07-31 06:49:03
As much as I despise anyone bailouts Bush , at least rescued the taxpayers in the form of stimulus checks (in addition to corporate bailouts ) Obama only rescues big business (insurance , banks, car manufacturers ).
While cheering for the auto bailouts why was this forgotten?0Idislikepimples2012-08-11 01:02:02
The White House fairy tale about the auto bailout Happily Ever After a page is not crucial, bloody. While President Obama bragged to "support American workers" in a United Auto Workers noisy Meeting Tuesday, he could not recognize what the Chicago-style agreement launched tens of thousands of non-unionized autoworkers in the bus. In a sermon of encouragement campaign rally / billed as a "political speech," Obama said almost broke his arm patting himself on the back for placing their "bets" (read: our money) in the 85 billion dollar federal bailout of the auto industry. "Three years later," he boasted, "that bet is paying off for America." Large brass unions welcomed the appointment of GM Obama "higher profits in its 100 year history," as the room full of members of the UAW songs "unity." "Union made" - but who pays? Mocking criticism that his rescue was a massive gain of the Union, Obama said that all workers sacrificed to save the auto industry. "The retirees had a reduction in health care benefits they had earned," Obama told the congregation, er, crowd. "Many of you saw reduced hours," sympathetic "or pay wages and reduced." Let's clear the gases (again), right? Pain relief was not distributed equally. Politically it was redistributed. Bondholders to defend their property and contract rights have disappointed and personally demonized by the president. Distributors and suppliers for the closure of the basis of political connections and influence of lobbying, rather than neutral efficiency assessments. And as I was the first time in September 2010 in an effort to nationalize the auto industry and prevent termination procedures of the courts challenged the team to the White House projected auto bosses Great Work to preserve funds pensions for UAW members by shafting expensive non-union counterparts. These forgotten nonunion pensioners (who worked for Delphi / GM Auto Parts Company) lost all their health and life insurance benefits. From the economically devastated Rust Belt - Northeast Ohio, Michigan and neighboring states - Delphi workers has devoted decades of their lives as secretaries, technicians, engineers and sales staff. Some have seen up to 70 percent of their pensions vanish. They have banded together to seek justice in court and on Capitol Hill under the banner of the Association of Retired Delphi employee.
Why is it when a Democrat supports bailouts or universal health care they are a socialist?1daiyana2012-09-29 02:00:03
but is a Republican do not they ? MedlinePlus MedlinePlus $ 157,000,000,000 Savings and Loan bailout on April 20, 1989 . George Bush signed that . MedlinePlus MedlinePlus George Bush Jr. MedlinePlus September 8, 2008 $ 200,000,000,000 bailout of Fannie Mae and Freddie Mac MedlinePlus . MedlinePlus September 16, 2008 $ 85 000 billion bailout of American International Group ( AIG ) in the form of money from the Treasury Department . MedlinePlus MedlinePlus October 8, 2008 another $ 37.8 billion of AIG Federal Reserve . MedlinePlus MedlinePlus October 3, 2008 $ 700 billion Relief Program Troubled Asset . Barack Obama voted for him , but President Bush had to enact the law . MedlinePlus MedlinePlus December 19, 2008 $ 13.4 billion of TARP funds to General Motors and Chrysler . MedlinePlus MedlinePlus MedlinePlus Both Mitt Romney and Scott Brown voted in favor of the Reform Act of Massachusetts health care was enacted in 2006 . It requires nearly all Massachusetts residents to obtain health insurance coverage .
If Health insurance providers were on the verge of bankruptcy would the govt give billion $ bailouts?0Sheshe2012-08-04 22:07:49
and give everyone $4500.00 towards a policy ?Is this just reserved for unions and other mismanaged companies?
Why the heck do I even need insurance?2EL DIABLO 2012-05-01 18:40:03
What if I do not care ?
Confused as all heck about car purchase?1Jansi2012-11-05 20:46:02
I just put down $200 towards a 2005 Ford. Tomorrow I go and pay the rest and pick it up. I have the VIN # and all that. Now, how do I file the insurance on it, since it's not in my possession this minute? And how am I supposed to drive it home if I don't have a plate? Thanks.
How the heck do I get medical insurance?0Satie2012-07-01 12:45:07
Okay my friggin kidneys have been giving me a slight pain for about a month now, it started as a sharp pain in the area between my boys and body if you know what i mean and that hasn't hurt since, but now the kidney problem, and I just turned 18, lost my medicaide and now don't know where to turn to get insurance? Am I no longer eligable for medicaid or what?
What the heck does that stupid Geico commercial mean?1Mag2012-06-19 19:51:35
The one where the lady is sitting in an auction, and as the man of the auction is like saying that the bird in the hand is worth about 3 in the bush ? or 2 in the bush .... anything I said what the hell means "the hill" mean? how much money This commercial annoys the mess out of me, because I have no idea what it means!
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