Yes - check out comment #22 here where I connected some disturbing dots back in October '08: Bill gives Paulson unprecedented power
9. Warren Buffet = major investor in Goldman Sachs for $5 billion (he said to Maria Bartiromo on CNBC that he would only have made investment if he knew a taxpayer bailout would be approved). He took perpetual preferred shares with a dividend yield of 10%, or $500 million a year. Those dividends take precedence over other payments to common shareholders. Seems like a sweet deal. Why didnt Paulson consider this approach? Maybe because it doesnt provide a door for his investment buddies to get their preferred shares, it only helps the taxpayer ?
10. Warren Buffet = insurance company investor (GEICO, General RE, etc.)
and... none of that was illegal... IMHO there is no difference, however, than insider trading.