How the treasury is short changing the taxpayer

[Tulpen]

Old National pays the treasury $1.48 for warrants with a fair value price of $7.18.

http://bloomberg.com/apps/news?pid=2...er4&refer=home

Another piece of treason by the treasury!

How much longer are US citizens going to stay passive when things like this happen?

[cjppjc]

Re: How the treasury is short changing the taxpayer

Old National pays the treasury $1.48 for warrants with a fair value price of $7.18.

http://bloomberg.com/apps/news?pid=2...er4&refer=home

Another piece of treason by the treasury!

How much longer are US citizens going to stay passive when things like this happen?

Please, I don't understand why you are harping on this. Even if all the numbers are correct, and the Treasury continues to do bad deals. We are probably only talking about a couple of hundred billion dollars.

I think at the rate this is going at it will have turned out to be cheaper to mail every man, woman, child, (legal or illegal) a check for $50,000 or so.

[snakela]

Re: How the treasury is short changing the taxpayer

Old National pays the treasury $1.48 for warrants with a fair value price of $7.18.

http://bloomberg.com/apps/news?pid=2...er4&refer=home

Another piece of treason by the treasury!

How much longer are US citizens going to stay passive when things like this happen?

As long as j6p still has his 6p big screen and ufc fight night he won't notice until its way too late. By then our leadership will just blame in on cheap imports and mexicans

[Tulpen]

Re: How the treasury is short changing the taxpayer

A suggestion on how this should have been handled by creating a market for those warrants:

http://seekingalpha.com/article/1394...ticle_sb_picks