Charlie Rose - Henry Paulson
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Goldman Sachs bailout!@ AIG Bailout to cover Goldman Sachs credit default swaps. AIG Bailout to cover Goldman Sachs credit default swaps. Credit default swap = bet against the US housting market. Hank Paulson was CEO of Goldman Sachs then he gets millions in tax deferment on Goldman stock when he become Treasury Secretary then he pushes Goldman Sachs Bailout. AIG was bailed out to cover Goldman Sachs credit default swap bets against the housing market. AIG was bailed out to cover Goldman.
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Bankster's Mouthpiece.
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I am an economist who looks at banks and at securities. I could give a very dry and and technical analysis about why Sec. Paulson is a self serving liar but I think it is best to say that my final analysis is that the best remedy for poeple like Paulson is a very short rope and a very tall tree.
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This guy is a crook.
I bet that most of the bailout money is now sitting in Swiss bank accounts converted to Euro. In fact the recent falling of the Euro to 1.18 a month ago, was the perfect window to do that.
What these people realized years ago, is that Congress and the Senate Financial Committee are so stupid that they would lick the lamp posts in winter, and just parrott back buzz-words that they give in their mouth. And as we know, opportunity makes the thief.
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sort of lost all respect for Charlie Rose he sits down with these traitors and acts like nothing is wrong.
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SonicArchives: "His net worth has been estimated.."
Maybe not "far worse" but pretty close.
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His net worth has been estimated at over US $700 million, sadly i think Geithner is far worse than Paulson.
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Henry Paulson had $5 Million of his own investment about to evaporate before the banking industry bail out.
It's a small amount compare to $700 Billion bail out money but sure it motivated him a lot.
Saving American people? He mostly saved himself using tax payer's money.
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Somehow some way there has to be a accounting of the treasury,pentagon and Iraq war spending for the past 8 years or this American generation is going to look like a bunch of beer drinking schmucks in coming history books. This is how things or should i say Government spending and conduct is done in a place like Saudi Arabia one of the most corrupt + criminal governments on earth.
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Whoa chief...easy w/ the brews. Terrorist, huh? Wow. A little more cohesive point here, bud.
Banks were falling like a deck of cards before the TARP. The government is the only entity that could have stopped the self-festering problems of these CDOs and mortgage-backed securities. Blame the Democrats for funding Fannie & Freddie and their social experiments of giving loans to people that simply didn't qualify. The real problem in this whole mess was the Community Reinvestment Act.
Crook And A Liar
bertmarx 3 years ago 12
Notice how all the officials who backed the bailout, (Paulson, Bush, Bernacke included) keep insisting that the poor popularity for the plan among the citizenry is because THEY didn't adequately communicate it to us, THEY didn't explain the benefits to the average consumer... YOU don't understand how this plan helps you because is was a failure on THEIR part. All of there delusions come from the fact that they believe that WE, the people, are accountable to them and not the other way around.
npayne12 3 years ago 8