Word: friedmans
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Dates: during 2000-2009
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These days, however, few people think the capital-purchase plan makes sense. Paul Miller, an analyst at Friedman Billings Ramsey who covers bank stocks, says the problem with it is that the government is buying preferred shares and not common stock. Miller says preferred equity does nothing to help out common shareholders. That's because holders of preferred shares can demand their money back before holders of common stock can. As a result, bank stocks continue to plummet. And no matter how much total capital a bank or any firm has, if its stock goes to zero...
...Three's Bailout I can't understand why there's no talk in Congress about moving auto manufacturers' health-care systems into the federal system in exchange for an equity investment that - as journalist Thomas Friedman has suggested - requires the hybridization of their entire fleet [Dec. 15]. The federal system includes several large health-care units. Why not take Detroit's health-care needs off the automakers' hands and develop a single-payer system before rolling it out on a national scale? Not having to worry about the medical needs of personnel would make Detroit automakers better able to compete...
...house" by letting Lehman Brothers fail, worldwide credit markets froze, preventing Americans from buying cars. Financial markets and the lack of available consumer credit - not a lack of appealing car designs - are the reasons for this crisis, and piling the blame on Detroit is simply not balanced. Steven M. Friedman, NEW YORK CITY...
...preventing Americans from buying cars, since most people use loans or leases to do so. Financial markets and the lack of available consumer credit - not a lack of appealing car designs - are the reasons for this crisis, and piling the blame on Detroit is simply not balanced. Steven M. Friedman, New York City...
...understand why there's no talk in Congress about moving auto manufacturers' health-care systems into the federal system in exchange for an equity investment that--as journalist Thomas Friedman has suggested--requires the hybridization of their entire fleet. The federal system includes several large health-care units. Why not take Detroit's health-care needs off the automakers' hands and develop a single-payer system before rolling it out on a national scale? Not having to worry about the medical needs of personnel would make Detroit automakers better able to compete with other companies. Matthew Ernst, OCEAN ISLE BEACH...