All the politicians involved in this bailout are absolute failures.
Bush, Obama, McCain, Pelosi, Dodd, all of them, each and every politician that voted in favor of the bailout. they should all get thrown out off office and have their fat pensions cancelled.
It’s time. Investigate! Find the guilty and prosecute them to the full extent of the law. Public Humiliation for all of the government employees who have broken their vows and the American trust! The budget will be balanced once these leaks are plugged.
Really? We taxpayers got our pockets picked by a former Goldman Sachs employee?
I’m shocked, shocked I tell you!
Everyone who comes out of Goldman or who is currently working for Goldman is just like Paulson. They’re constantly looking for a way to fleece the investing public, taxpayers and the United States. It doesn’t matter whether we’re talking about Paulson, Corzine, Cramer, whomever. They’re all crooked front-runners and thimbleriggers.
Really? You mean that buying a bank over the weekend can result in a miscalculation of value? I never wooda guessed that! When banks buy each other it takes months, but since the government goons are so much smarter than everyone else, I assumed they could do it in a few days.
Lesse - the banks, through federally-suggested bad loans, found themselves having lended more money than they had, for assets that became less than their total assets.
Why else would they need a bailout in the first place?
This story has Captain Obvious written all over it...
So, what’s the problem? Just ask for the money back./s
Paulson is a Democrat....what did you expect?
Someone got a nice commission there.
Caveat emptor.
Naaaah, ya think!