whitebeard

Paulson wants to buy stock in troubled corporations thus creating a terrible conflict of interest between the interests of the American people and its interest in seeing its corporate investments prosper.

In a statement today, President Bush counseled patience.

Warren Buffett has taken stakes in Goldman Sachs and GE, two firms that will profit heavily from the federal bailout and is now recommending not just one but mutiple bailouts. You know Buffett isn't in this out of the goodness of his heart.

Can't email Senator as the form demands a "Subject", but won't let you enter one.

New SEC rule gives companies a better opportunity to commit fraud when valuing their assets. No more mark-to-market valuation, company assets may now be valued according to company estimates or judgment. In other words, whatever value they choose.