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House passes bill taxing AIG and other bonuses
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[QUOTE]Originally posted by glassman: [QB] maybe you are correct Lock, however, bankruptcy courts are already swamped with bkrptcies.. they were up 70% year over year at the end of '08 have you ever played Q stocks? i've played a hundred.. i read up on them deeply before i jump in too... they are very complicated procedures and the cases stay in bkrptcy courts for years not months or weeks. we may still see many (like AIG) go into bkrptcy BUT the taxpayers will be paid first. i find it intersting that conservatives who distrust the "liberal" court system to suddenly calim it's the best place to fix this. IMO? there is no "best" place or way to fix this. however, what they did in '29, which is what conservatives are claiming should have been/be done now did not work did it? the strongest argument against bankruptcy court is that what has happened has been caused by traders trading to KILL, not just win but literally to destroy the market and they did. this is not a simple situation like limbugger says it is, [/QB][/QUOTE]
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