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Trump treasury pick Mnuchin tied to smelly banking
The believing mind is externally impervious to evidence. The most that can be accomplished with it is to induce it to substitute one delusion for another. It rejects all overt evidence as wicked... H. L. Mencken— December 6, 2016 2:15 p.m.
Trump treasury pick Mnuchin tied to smelly banking
**Does loss share put the taxpayer on the hook for additional losses down the road?** When the FDIC calculates the estimated cost of a failure, it takes into account all expected losses on the assets covered in shared-loss agreements (SLAs). These current market assumptions are built into the cost of failure at the time of resolution. Thus, the cost of all expected future payments are recognized at the time of bank failure and no losses are deferred. Any loss sharing payments are made from receivership funds from the specific failed bank or thrift or, if those are insufficient, from the FDIC's Deposit Insurance Fund (DIF). The DIF is funded by assessments paid by insured banks and thrifts. It is not taxpayer funded. https://www.fdic.gov/bank/individual/failed/losss…— December 5, 2016 11:45 p.m.
Trump treasury pick Mnuchin tied to smelly banking
The U.S. government essentially closed the books on TARP with a $15.3 billion profit. Treasury sold its remaining shares Friday in Ally Financial, its last remaining major stake from the $426 billion bailout of banks and the U.S. auto industry. The Troubled Asset Relief Program was passed in 2008, in the wake of Lehman Brothers' bankruptcy, as the nation's financial system was on the verge of collapse and economists feared another Great Depression. At the height of the bailout, Treasury owned a significant stake in all of the major U.S. banks, such as Citigroup (C) and Bank of America (BAC), two of the nation's Big Three automakers -- General Motors (GM) and Chrysler Group (FCAM) -- as well as one of its largest insurers, AIG (AIG). http://money.cnn.com/2014/12/19/news/companies/go…— December 5, 2016 11:36 p.m.
Trump treasury pick Mnuchin tied to smelly banking
Well, Don, I suppose it would have hurt your story line to mention that Mnuchin left Goldman Sachs in 2002, a full decade before Hillary made those highly paid speeches. And what good what it have been to mention that the FDIC is government owned, but all the loses are funded by reserves from insurance premium charges to member banks? The US taxpayer did not pay one thin dime for those banking losses, they were from private funds, but better to just let your readers think Mnuchin made money off of the taxpayer's back. What a hack!— December 3, 2016 12:05 a.m.
Power of peso putters along in Tijuana
LOL, I was just going to write the same comment about the meaning of "que le chinguen mas"." You beat me to it.— October 6, 2016 5:37 p.m.
Baja bullfighting ban back-burnered
http://www.sandiegoreader.com/users/photos/2016/m… Sometimes the bulls win: Mexico City - During a bullfight in Lerdo, Durango, bullfighter Rodolfo Rodríguez, El Pana, was hit by his second bull of the afternoon, and after being tossed into the air, had to be taken to the hospital. Reports indicated a whiplash injury was treated at the San José Sanitarium, in Gómez Palacio, Durango. The Mexican bullfighter had lost sensation in his legs, and is currently listed in grave condition. El Pana was unconscious when he left the bullring in Lerdo until he arrived at the hospital. [link text][1] [1]: http://www.el-mexicano.com.mx/informacion/noticia…— May 2, 2016 2:05 p.m.
¡Rape Trump!
In Spanish, the word "rape" means to cut or crop. So a Spanish speaker would understand the mural to say "Cut off Trump's hair." It is a Spanish-English pun which the author of this article failed to appreciate.— November 6, 2015 9:11 a.m.
More North American Deaths in Mexico
Ratio of homicides to population for Mexico = 32,631/119,713,203 = .00027257645 Ratio of homicides to population for the United States = 14,196/316,128,839 = .00004490574 Ratio of homicides per capita of Mexico to the United States = .00027257645/.00004490574 = 6.06996789574 **Conclusion: Based upon official figures published by their respective federal government agencies, Mexico has 6 times the homicides per capita as does the United States.** *Mexico homicides 2014 = 32,631 Source: Secretaría de Gobernación* *Population of Mexico 2014 = 119,713,203 Source: Consejo Nacional de Población (Conapo)* *United States homicides 2013 = 14,196 Source: FBI* *Population of the United States 2013 = 316,128,839 Source: US Census Bureau*— October 13, 2015 10:11 p.m.
Lounging in Baja's San Felipe
You can no longer "Take a stroll along the malecón and watch the fisherman unload their catch of the day." The Mexican government has banned all commercial fishing in the upper Sea of Cortez.— April 14, 2015 8:49 a.m.
Clammin' for nothin'
Please don't do what the author did. It is illegal for foreigners to take any shellfish in Mexico, even if one has a Mexican sport fishing license. Mollusks and crustaceans are reserved by law only for Mexicans with permits from the Mexican government.— March 22, 2015 11:30 p.m.