Financial (TARP) Bailout Scandal: Taxpayers Shortchanged $78 Billion on Asset Purchases

(2/6/09) Click on "More Info" for background articles. Greta Interviews Elizabeth Warren, Chairwoman of the TARP Congressional Oversight Panel. Growing scandal over revelations that Henry Paulson's TARP plan only got .66 cents on the dollar of value for its purchase of troubled financial institution assets, costing Taxpayers $78 Billion dollars.

Background Articles:
'TARP Shortchanged Taxpayers $78 Billion, Panel Says': http://www.bloomberg.com/apps/news?pid=20601103&sid=a6WsaXqNMi.Y&refe...

'Treasury Overpaid for Bank Assets in Bailout, Oversight Panel Says': http://www.washingtonpost.com/wp-dyn/content/article/2009/02/05/AR20090205036...

Video: FOXNEWS: 'On The Record' With Greta Van Susteren

Category:

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[BoomerNavy70]

Greta locked horns with a woman that has more brains than Greta could ever dream of having...lol.

Keep in mind Greta that it was your party that got us into the mess in the first place. Putting the Republicans into office is like appointing Dracula to be in charge of the blood bank.

[highway234]

elizabeth warren is a smart smart lady and this could have been a much better interview if greta von fox hadn't been so preoccupied with playing gotcha and repeating herself.

[xmasterfunk]

do you realize how much FUCKING MONEY THIS IS im pissed why does this not piss people off

[Skylinerev]

ITS A TARP

[jackzaf]

This country is falling apart.

[mavrek47]

The GOP has no credibility on the issue of fiscal responsibility. They want the American people to forget the eight years of the Bush Administration and the RECORD deficit under him. Interestingly enough, the GOP only became "concerned" about deficits on 1/20/09. ~Ban Coulter

[cifier]

Wait a minute!!! Is this Fox News calling a Bush appointed, GOP vetted, Financial De-regulation Champion and Former Secretary of the Treasury, one Mr. Henry Merritt Paulson incompetent and/or a criminal???

Wow, there may hope for Fox News...Maybe...Kinda...Sorta..­.Possibly...Ok, maybe not, but will give credit for this bit of finger pointing.

By the way, is it me or is Fox News changing its position from anti-Democrat or anti-Government? I am thinking about the FNC Tea Party Protests.

[highway234]

i'm obviously in the wrong line of work.

[debtfreecurrency]

Note on Paulsen: as CEO of Goldman Sachs he was required to sell all shares of his stock in GS to avoid any "conflict of interest" in assuming the Treasury Secretary post.. He sold all his shares at $153, almost the top of the market, for 492 Million. The government grants TAX EXEMPTION for divestiture of shares, supposedly to not "discourage" high paid executives from accepting jobs in the government. Paulsens tax savings on the 492 million stock sale? 200 Million! Good timing eh?

[tonmagicwon]

they stole it ,say it sayyy it