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Get Your TARP Before it is Too Late
BobbyDelray
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4-8-2009 12:22 AM
168 views
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tarp
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/7007703f-2e20-4cfc-8845-072c8c0ea981/824282CA-0C77-4A39-B041-8B8FB51A0D2E/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://allamericaninvestor.blogspot.com/2009/04/get-your-tarp-before-it-is-too-late.html" href="http://allamericaninvestor.blogspot.com/2009/04/get-your-tarp-before-it-is-too-late.html" style="font-size: 11px;">allamericaninvestor.blogspot.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://allamericaninvestor.blogspot.com/2009/04/get-your-tarp-before-it-is-too-late.html"><DIV><SPAN>Last one in is a rotten egg.</SPAN><BR /></DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://allamericaninvestor.blogspot.com/2009/04/get-your-tarp-before-it-is-too-late.html"><DIV>I moved to Florida just before the run of monster hurricanes. I had to look on as shortage of tarps caused additional hardship. People with leaking roofs couldn't get tarps, so when it rained the water just poured through the roof causing additional damage.</DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://allamericaninvestor.blogspot.com/2009/04/get-your-tarp-before-it-is-too-late.html">Now I find myself wondering if there are enough TARPs (Troubled Asset Relief Program) to go around.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://allamericaninvestor.blogspot.com/2009/04/get-your-tarp-before-it-is-too-late.html"><BLOCKQUOTE><SPAN>The Treasury Department has decided to extend bailout funds to a number of struggling life-insurance companies.</SPAN><BR /></BLOCKQUOTE></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://allamericaninvestor.blogspot.com/2009/04/get-your-tarp-before-it-is-too-late.html"><DIV>It appears that if you own a bank holding company or a savings and loan, you are qualified for a TARP.</DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://allamericaninvestor.blogspot.com/2009/04/get-your-tarp-before-it-is-too-late.html"><DIV>Soon these insurance companies will be crying "pour mouth" because they aggressively sold variable rate annuities tied to the performance of the stock market.</DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://allamericaninvestor.blogspot.com/2009/04/get-your-tarp-before-it-is-too-late.html"><DIV>Sooner or later, the Treasury is going to run out of TARP. Reminds me of the saying--"last one in is a rotten egg".</DIV></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/824282CA-0C77-4A39-B041-8B8FB51A0D2E/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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