To: NVDave
the government needs to inject liquidity in sufficient quantity that the Treasury gets a seat on the board of directors, and gets senior preferred stock with punitive yields, as well as warrants or options to purchase the common when share prices go back up. There is a precondition for this: Fire Hank Paulson. Keep any other Wall St. hack to run the Treasury show.
7 posted on
10/08/2008 8:51:35 AM PDT by
TigerLikesRooster
(kim jong-il, chia head, ppogri, In Grim Reaper we trust)
To: TigerLikesRooster
Correction:
Keep any other Wall St. hack to run from running the Treasury show.
9 posted on
10/08/2008 8:54:58 AM PDT by
TigerLikesRooster
(kim jong-il, chia head, ppogri, In Grim Reaper we trust)
To: TigerLikesRooster
Absolutely agree. Paulson should be sacked and frog-marched to prison along with the other heads of i-banks.
24 posted on
10/08/2008 9:21:24 AM PDT by
NVDave
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