“He also notes Paulson steered Goldman Sachs into subprime and alt-A mortgage securities before becoming Treasury Secretary in 2006. Goldman began shorting those instruments shortly after Paulson’s departure, he notes.”
Just the guy we want handing out evaluating toxic paper and buying it with our money borrowed from overseas!
Actually, we might be fortunate that the foreigners are making the calls now and ordered Bush and Paulson to drop the buying of toxic financial waste and instead buying bank shares.
On the dark side, since the Europeans now have special rights to look at the books of American financial institutions, but we Americans do not, they will have a heads up on what’s going down. Thank you deregulation cultists!
Makes sense. He’s been bailing out his buddies and his reputation, legacy time for all, y’know.
I know you’re not surprised.
Fox/ChickenCoop and all.
God, they must be laughing their heads off at what they’ve pulled off!