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George Soros: Paulson cannot be allowed a blank cheque
It certainly is interesting to read what George Soros has to say about the current crisis."By George SorosPublished: FT.com September 24 2008Hank Paulson’s $700bn rescue package has run into difficulty on...
created by Maireid Sullivan | 4 years ago | updated 4 years ago
193 views | 2 recommendations | 2 comments
193 views | 2 recommendations | 2 comments
Update "Fat Cats": Who is Mr. John Paulson NY: $ 2bn loss short-sell ban, t...
Who is John Alfred Paulson (born 1955) ? He is an American hedge fund manager based in New York City. Paulson received his BS in Finance from New York University’s College of Business and Public...
Paulson, Bernanke Tell Lawmakers Urgent Action Needed on Treasury Plan
"Mr. Paulson cautioned lawmakers against letting the plan get bogged down in a debate over unnecessary additions. Senate Banking Committee leaders voiced skepticism Tuesday about the U.S. Treasury's plan to buy up...
created by Leonard Brody | 4 years ago | updated 4 years ago
218 views | 2 recommendations | 1 comment
218 views | 2 recommendations | 1 comment
BAILOUT.....HUNGERY..
U.S. Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke on Tuesday urged Congress to act swiftly on a proposed financial system bailout and warned of dire consequences if they delay. In prepared testimony that the two are scheduled to... 166 views | 0 recommendations | 0 comments
Take action now to stop your money bailing out the banks
With American government on the cusp of bailing out Wall Street with taxpayers’ money, it is time for those whose money it is to make their voices heard. Writing in the Asian Times, Otto Spengler argued that this is ‘a subsidy to private banks, administered at the whim of...Paulson to Urge Congress Not to Delay Bailout
Treasury Secretary Henry Paulson plans to urge Congress, in testimony on Tuesday, to not weigh down a proposed $700-billion financial system bailout with unrelated provisions that would delay addressing key issues. "We saw market turmoil reach a new level last week, and... when is $700 billion not a tax?
Dear Senators Landrieu and Vitter,If you think you are saddling me and America with the $700 billion so that speculative money managers and their clients can retain their ill-gotten goods, please get ready to bail... South Carolina Senator DeMint Dead Set Against Wall Street Bail Out
Senator DeMint Doesn't want to Reward poor Cooperate Behavior by Socializing Wall Street."Today, U.S. Senator Jim DeMint (R-South Carolina) announced his opposition to the $700 billion plan proposed by the Bush...
created by Albert Milliron | 4 years ago | updated 4 years ago
234 views | 0 recommendations | 0 comments
234 views | 0 recommendations | 0 comments
Bush Bashers
Save some energy - Paulson is a democrat. Update Goldman: After the party, the hangover, buying an AIG lifeinsurance now?
Who ever will buy now a lifeinsurance policy from AIG, not trustworthy you may say.Who ever will invest in Goldman & Sachs, still healthy, can they repeat to make profiton short selling of mortgage contracts?... if engineers had deference given to speculative fund managers
Wake up, get out of bed, drag a comb across my head...head out to the road, over the bridge...oops!...you are late for work forever, you are dead. The bridge designer, architect, and construction engineering... Bush, a Georgie come lately, as always
Have you noticed over the last 8 yrs, that Bush is always a day late and a dollar short......on brains and action?"Bush: 'We must act now'Bush, Paulson outline powerful steps targeting troubled mortgage-related assets weighing down the finance industry. Plan could cost...New US bailout planned
US lawmakers have been complaining that the federal government doesn't seem to have an overall master plan for dealing with the meltdown on Wall Street, seemingly selectively bailing out companies at random and...
created by Dave Keating | 4 years ago | updated 4 years ago
378 views | 0 recommendations | 0 comments
378 views | 0 recommendations | 0 comments
US creates government sponsored Bad Bank
Bad Bank Paulson, Pelosi had the task to announce the "Bad bank" creation finally by the US government. Originally the banks themselves proposed a $70 bn "Bad bank". Obviously the $70bn would have been just... The Death of the Free Market
Nouriel Roubini challenges the US government's response to the growing financial crisis accusing the Feds of reverting to a soviet strategy of effectively nationalizing major banks."Last week we argued that,...Top Members Today
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