Comments about ‘Zions will seek bailout money’

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Bank could get between $500M and $1.5B

Published: Thursday, Oct. 23 2008 12:00 a.m. MDT

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StephenN

The title in the article is misleading. The article states that Zions Bancorp is interested in the Bailout money and the board of directors has yet to vote on whether they will take the bailout money or not. The title of the article implies that they have already decided. I hope this was not done in an effort to get people to read it as this would be bad reporting.

Anonymous

This will silence most in Utah about socialism.

CougarKeith

Dear StephenN, Bad Reporting is the NEW STANDARD in America, it has been for a long time now, haven't you noticed???

Zions will take whatever Hand Out the Government wants to give, and why not, I sure would, the fact is that money, all of every "Bail Out Plan" should have been divied up to the AMERICAN TAX PAYER! This would have given families the ability to get out of debt, giving PLENTY OF MONEY TO THE BANKS, and Plenty of Money to be invested in stocks, bonds, new small business and savings! Also would have JUMP STARTED THE ECONOMY 110 fold!!! The problem is, we are the little guy who foots the bill, they don't care about us. I tried to tell Senator Hatch and others about this great idea, but nobody even replied, they just STOLE YOUR HARD EARNED MONEY and gave it to the guys who pay their campaign financing! This GOVERNMENT IS CROOKED and nearing it's END MY FRIENDS!!!

Ernest T. Bass

Hmmmmm, who ultimately owns Zion's Bank?
Yep, hypocrits abound!
Socialism bad.....oh wait, not it's not.

CP

You're kidding right? Even Zions Bank is going to cash in on the bailout? I didn't know they were in trouble or do they just want some "free" money for a cushion? Lots of questions but after reading this article I still can't find the answers.

Tom Joad

Who's money are they taking?

RE: CougarKeith

I'm sure all those taxpayers who are in so much debt would wisely use any money given to them by the government. Obviously they don't know how to manage what they already have so why would more money help them any. You sound like a socialist.

Albert Montoya

A taxpayer bailout or whatever you want to call it is theft. Congress was strongarmed to pass it. It is theft. No good can come of it.

Gimme, Gimme

How do I get some of my hands on my fair share of this if Zions Bank lands this sweet deal? I'm a good Zions customer!

Capitalist

Ronald Reagan has got to be turning over in his grave. The amazing irony is that this is happening in the most conservative, Republican state in the United States of American. What the heck is going on? What happened to free market economics? Taking a handout from the Federal Government? I recall from history that Utah Territory spurned the Federal Government for many years during the late 1800s, seeking to maintain its fierce independence. This "States Rights" attitude and philosophy has prevailed for many years. Until Now. Again; what the heck is going on?

TomJ

Can't ZIONS see what's happening here? Or are they blinded by fear and/or greed? They are walking into a trap. Since when is it good for any government to purchase ownership of private institutions? When government does that it's the beginning of fascism. Something scary is going on here. If you recall the Federal Reserve created this problem in the first place with cheap and easy money. The banks took the bait, garbage loans were made, and they began to fail. The government now steps in to solve the problem by borrowing more money from whom? The Federal Reserve! Does this seem odd to you? If ZIONS goes for this bait it will be the end of another independent bank. Beware.

Goldilocks

80% of Americas Money is in 2% of Americans pockets. Hey we borrowed money on our homes to pay medical bills, send kids to college, replace furnaces etc. We paid it. Were all tapped now what? It's their turn. Bail out? no loan.... with an adjustable rate.

Spanky

This is why I bank with credit unions!

Anonymous

Any of yous have any idear 'bouts who I can talk to 'bout startin' me up a bank?

Zions War

Zions bank has been waging a war on America First Credit Union, now it seems Zions needs a bail out but America First is extremely healthy.

If Zions would have concentrated on runing its business according to sound principals and leave America First, the would be better off.

Rome burning...

So much for the end of capitalism and the free markets. It was good while it lasted.

Greed

Sure Zions is going to take any free money they can get their hands on, they are no more moral or honest than the rest of these criminals that have ripped off the American public.. What a joke, our government is utterly corrupt and have failed the people of this great country.

whose worse

Between bankers and lawyers I don't know who is worse.. oh I forgot their in this together.

CP

This is why I also use a credit union and I have educated my kids since they were small not to put their money in a bank but to go to a credit union. And they are so glad that they listened. Looks like it's the big and mighty Zions Bank with it's tail between it's legs after all.

liberal Larry

This reminds me of my college roommate. He used to get food stamps. He didn't really need them, but since he was eligible, he figured "what the heck".

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