[Toddsterpatriot]

You’re claiming the taxpayers will be footing a bill for $29 billion. Explain how.

[nicmarlo]

My exact question was as follows: “Why shouldn’t Bear Stearns’ Chief Executive Jimmy Cayne be forced to rescind his stock to US taxpayers who will be footing $29 billion?”

And I shall leave it at that.

[nicmarlo]

BTW, please notice that what I stated was in the form of a question....and one which should be INCLUDED to be asked and answered by Paulson, among others (which follow):

PAULSON DENIED ANY INVOLVEMENT IN THE DEAL!!! PAULSON NEEDS TO TAKE AN OATH THAT HE HAD NO INVOLVEMENT. Questions to be asked:

Why would anyone directly involved in the sub-prime fiasco at BSC get any compensation at all?
Why shouldn't they have to give back their compensation?
Why are they allowed to sell any stock at all?
Why shouldn't Bear Stearns' Chief Executive Jimmy Cayne be forced to rescind his stock to US taxpayers who will be footing $29 billion?

In fact....I would like all of these questions to be asked at the April 3 hearings on this matter. The answers will be much more interesting when coming from Paulson, Bernanke, the Fed, and others.