Showing posts with label Bad Bank. Show all posts
Showing posts with label Bad Bank. Show all posts

1.28.2009

Bad Bank Credit Card


Stocks jump on reports of plan for bad bank assets

AND

FDIC May Run ‘Bad Bank’ in Plan to Purge Toxic Assets

Excerpt:

Financial stocks led Wall Street higher Wednesday on investor hopes the Obama administration will create banks to absorb the bad assets weighing down the financial system.


Comment: If you are going to have a "Bad Bank" you will need a credit card. The above is my idea. The malicious, spider-looking logo in the upper right is from the logo of "the Ministry of Information" from the film Brazil.