Everyone needs to calm down and let’s see the final bill and how it shakes out.
I repeat, KUDLOW was happy with the final bill, he said most of the poison was removed the Paulson bail out money greatly reduced, Acorn gone, and provisions added to pay back the taxpayer.
It still may suck, it may be OK, no one knows just yet, the bad part may be that the insurance portion isn’t guaranteed.
The insurance is in there because of the hard work of the GOP.
It is an option that companies can choose as an option. If by "guaranteed" you mean mandatory...they are not forcing companies to take insurance. It's their option.
Roubini as I hear it says that the stock warrants are basically useless. I would not expect anything else from Paulson and the majority in congress.