Wall Street Reacts Positively to Obama, Geithner Toxic Assets Plan

Wall Street Elitist

I have been watching Wall Street and I know it is controlled by Americas' aristocrats the inbred pedigree families that run this country thru their power and wealth.

They have been waiting for the U.S. government to take the toxi assets even though they caused them, and President Obama waited to deal with them last.

They have been exposed and everyone sees exactly who they are, and how they are playing the game.

Yes, they do want to control the President, but I do not think he will fall for it. What they are showing him is that they can either make or break him with Americans so they think they can control him but I think President Obama will show them something they have never seen before.

Let Virtuous Wall St Point the Way

If Wall St gets to call the shots for Obama, as you suggest; maybe we should just skip the step of electing a president. We could just appoint the greediest, richest Wall St investment banker to lead us down the primrose path, enriching their cronies and writing off the rest of us. After all, the president has been in office two whole months and he is only just now FINALLY doing SOMETHING to instill your confidence. What a slacker he has been!

Donald Trump, or maybe that other guy with the ten million dollar office. Maybe we could get them to serve as president, if we kicked in about a $6,000,000 bonus.

As to the "toxic assets" ie, the mortgage loans that you say never should have been written for those of us who comprise the"great unwashed" out there; you can bet your bippy that somebody will make a bundle on those. Otherwise those private investors would not be ponying up to take a chance. I just hope the great unwashed taxpayer will get thrown a bone or two somewhere along the way.

Wall St Boys Play Obama

Be for real, Wall St Elitists play the market and they play Obama too.

Toxic assets

Who in their right mind would invest in a mutual fund called Toxic assets. I personally would not invest in that mess. Why does our government think that it's okay. Oh wait, that's right it's not their money to spend. They can afford to take the chance.

As for this whole banking mess, I would just like to refer everyone to the community reinvestment act. This would be a law signed by Jimmy Carter to supposedly make housing affordable for everyone. We can then look at the 1990's when Bill Clinton was in office and his Attorney General threatened action against any bank that wasn't giving home loans to every Tom. I am still trying to figure out why Maxine Waters, Chris Dodd, and Barney Frank still have jobs!

Banks and Toxiic Waste

I will not buy Obama's" Toxic waste " nonsense , the banks have sick mortgages because that is what they created all by their greedy selves and they should give less bonus money to themselves..instead of stealing money from the taxpayers and voters.....wall street likes Uncle Sam even if he disregards the american taxpayers and voters....

HAHA

If Wall Street likes it, Congress will hate it. This plan is DOA.

Wall Street reacts to anything

Buy low--sell high

and now, like commodities, sell high--buy low.

Profits are all Wall Street is about.