Well here we are the biggest government bailout since the great depression.

Due to the recklessness of the supposed professionals in the banking

industry and the brilliant minds at big Wall Street banks us as

American tax payers on going to have to bail them out. It is self serving

to an extent because without this bailout the entire system would implode

causing greater disparity in this already uncertain economy. Now

I hope to see a cap on these executive that basically ran these great

American institutions (some more than 150 years old) into the ground

and have their 100 million dollar compensation packages cut and some

type of repayment when their stocks sore due to the bad debt taken off

their books.

Anyone remember when Lee Iacocca put his tail between his legs and

went to Washington basically begging for a loan to keep the almost

bankrupt Chrysler Corporation alive. A picture portrays him bowing

in gratitude to then President Jimmy Carter. Anyone remember the

one dollar per year salary he accepted during the turn around? Flash

forward and now these institution are basically demanding the government

bail them out. I find it ironic that the past couple of years as the

automotive industry has stumbled and they were looking to Washington

for help with these now defunked big wall street banks attitude was

they brought this upon themselves and there should be no help from the

government and now those same voices are asking for help themselves.

As an individual investor or small business owner when we make poor

decisions we are left with the consequences. As many investors struggle

today we have to ask ourselves where is our bailout if we get in to deep?

Chris Yatooma,

President

Real Estate Investors Association of Oakland

Chris Yatooma