11/13/08

Thoughts on the AmEx bailout - by Crazy Carl

i find it hilarious american express needs a bailout of 3.5 billion dollars.

the government should loan the money to the company. and if they are late on a payment, jack the interest rate from 9% to 29%

and call the CEO at home incessantly when the company falls behind.

Well said Crazy Carl, well said.  Don't even get me started on the crazy GM bailout.  Why should we invest in a failing company!?  Let's invest in companies of the future who can actually make money!


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