What is so special about thecutoff date they chose of March 14, 2008? Is that when Goldman Sachs quit issuing subprime loans?
“What is so special about thecutoff date they chose of March 14, 2008?”
Yes, very curious.
And the worst thing about the bill, look and the second part of the definition of distressed assets. In short, it’s not just mortgages, but ANYTHING.
Even Carbon Credit derivatives.
It’s the worst thing...but I’ve only read so far.
Apparently Paulson has to send a letter notifiying Congress he is buying carbon derivatives, car loans, what have you, but that’s another “so what?” Not a protection at all.
Karl Marx' birthday?
Barack Obama and the Strategy of Manufactured Crisis
Whether by Fabianist incrementalism, or by catastrophe and revolution, the Socialists win by their strategy -- unless we expose them.