A forum, news site and archive begun in February, 2007 about politics and the environment in Wisconsin. And elsewhere.
You might want to check your math Rowen.As the article points out, the Feds need to have a $44/share price to break even.So this stock sale means we are at best losing $5.25 Billion dollars, $6.05 if they increase the offering even more.Not sure what loods so good about that - maybe I need to borrow your rose colored glasses.
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Leave it to Rowen and the Dems to spin losing $6 Billion as a win.
My bad - according to media reports today it is actually going to be a $9 Billion loss on the stock sale.Way to go Obama!
You might want to check your math Rowen.
ReplyDeleteAs the article points out, the Feds need to have a $44/share price to break even.
So this stock sale means we are at best losing $5.25 Billion dollars, $6.05 if they increase the offering even more.
Not sure what loods so good about that - maybe I need to borrow your rose colored glasses.
This comment has been removed by the author.
ReplyDeleteLeave it to Rowen and the Dems to spin losing $6 Billion as a win.
ReplyDeleteMy bad - according to media reports today it is actually going to be
ReplyDeletea $9 Billion loss on the stock sale.
Way to go Obama!