Comments on: Bank of America Will Buy Merrill Lynch, Lehman Brothers Declares Bankruptcy, What’s Left for Washington Mutual? http://www.consumerismcommentary.com/2008/09/15/bank-of-america-will-buy-merrill-lynch-lehman-brothers-declares-bankruptcy-whats-left-for-washington-mutual/ A premiere personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics. Sat, 21 Nov 2009 16:42:00 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Denzel http://www.consumerismcommentary.com/2008/09/15/bank-of-america-will-buy-merrill-lynch-lehman-brothers-declares-bankruptcy-whats-left-for-washington-mutual/#comment-184387 Denzel Mon, 06 Oct 2008 01:41:41 +0000 http://www.consumerismcommentary.com/?p=3906#comment-184387 The US is getting, or I should say, the US will get the bail out money from future taxpayers. You are 100% correct. The US is getting, or I should say, the US will get the bail out money from future taxpayers. You are 100% correct.

]]> By: fathersez http://www.consumerismcommentary.com/2008/09/15/bank-of-america-will-buy-merrill-lynch-lehman-brothers-declares-bankruptcy-whats-left-for-washington-mutual/#comment-182285 fathersez Tue, 23 Sep 2008 13:41:29 +0000 http://www.consumerismcommentary.com/?p=3906#comment-182285 Where is the US Government getting all the money to do all these bailouts? I thought it was already too indebted...well before the @#$% hit the fan? Or is it just a gigantic version of using credit cards to pay now and let the future generations be taxed to pay for these excesses? I would love to see an analysis on this. Cheers Where is the US Government getting all the money to do all these bailouts? I thought it was already too indebted…well before the @#$% hit the fan?

Or is it just a gigantic version of using credit cards to pay now and let the future generations be taxed to pay for these excesses?

I would love to see an analysis on this.

Cheers

]]> By: Yana http://www.consumerismcommentary.com/2008/09/15/bank-of-america-will-buy-merrill-lynch-lehman-brothers-declares-bankruptcy-whats-left-for-washington-mutual/#comment-181251 Yana Thu, 18 Sep 2008 00:22:51 +0000 http://www.consumerismcommentary.com/?p=3906#comment-181251 Thanks, Kaylan, that makes sense. Thanks, Kaylan, that makes sense.

]]> By: rik http://www.consumerismcommentary.com/2008/09/15/bank-of-america-will-buy-merrill-lynch-lehman-brothers-declares-bankruptcy-whats-left-for-washington-mutual/#comment-181178 rik Wed, 17 Sep 2008 18:00:37 +0000 http://www.consumerismcommentary.com/?p=3906#comment-181178 uhhhmmm, I think you answered your own question right there my freind. "...The cost of cigarettes is mostly tax...." isn't nice to see how Big Brother really cares for YOU! uhhhmmm, I think you answered your own question right there my freind.
“…The cost of cigarettes is mostly tax….”

isn’t nice to see how Big Brother really cares for YOU!

]]> By: Kaylan http://www.consumerismcommentary.com/2008/09/15/bank-of-america-will-buy-merrill-lynch-lehman-brothers-declares-bankruptcy-whats-left-for-washington-mutual/#comment-180787 Kaylan Mon, 15 Sep 2008 17:40:46 +0000 http://www.consumerismcommentary.com/?p=3906#comment-180787 Remember that tobacco companies have overseas markets that are profitable. If you were Big Tobacco, you'd be looking at China and India and drooling! Remember that tobacco companies have overseas markets that are profitable. If you were Big Tobacco, you’d be looking at China and India and drooling!

]]> By: Yana http://www.consumerismcommentary.com/2008/09/15/bank-of-america-will-buy-merrill-lynch-lehman-brothers-declares-bankruptcy-whats-left-for-washington-mutual/#comment-180769 Yana Mon, 15 Sep 2008 15:39:21 +0000 http://www.consumerismcommentary.com/?p=3906#comment-180769 I've been playing with the stock market for less than a year. When I heard about the government bailout of Freddie Mac and Fannie Mae, I thought it would mean doom for financial stocks, so I dumped a bank stock that I had profited from and replaced it with a pharma stock. I'd planned to dump all financial stocks as soon as doing so meant any gain. I'm on the verge of doing it again today, but I am puzzled about something and hope you can explain it to me. Why are tobacco stocks considered good? Smoking is so un-pc, and it doesn't look to me like many people smoke. It looks more to me as though it is on the road to being outlawed. The cost of cigarettes is mostly tax. Right now, it looks like I am wrong in thinking that the bank stocks will be big losers. Is is possible that the bailout won't mean doom for financial stocks? I’ve been playing with the stock market for less than a year. When I heard about the government bailout of Freddie Mac and Fannie Mae, I thought it would mean doom for financial stocks, so I dumped a bank stock that I had profited from and replaced it with a pharma stock. I’d planned to dump all financial stocks as soon as doing so meant any gain. I’m on the verge of doing it again today, but I am puzzled about something and hope you can explain it to me. Why are tobacco stocks considered good? Smoking is so un-pc, and it doesn’t look to me like many people smoke. It looks more to me as though it is on the road to being outlawed. The cost of cigarettes is mostly tax.

Right now, it looks like I am wrong in thinking that the bank stocks will be big losers. Is is possible that the bailout won’t mean doom for financial stocks?

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