And don’t forget to add that Wall Street, including Paulson’s Goldman Sachs, made a fortune trading this worthless paper
Bail-out hands PIMCO $1.7 billion payday:
http://www.ft.com/cms/s/0/838d3cb4-7e96-11dd-b1af-000077b07658.html?nclick_check=1
I had seen this information yesterday, but couldn’t find it to verify/backup my post. The taxpayers were totally screwed.