|
| |
bailout: Paulson's Plan - 10/07/08 12:37 PM
Here's an interesting bailout story for those that are interested. Follow the link. 'Paulson's new 'Global Banking Corp.' Federal ethics laws let him sell $484 million in Goldman stock tax-free when he left. Net worth, about $700 million...
First Goldman pays Paulson megabucks, then "lends" him to Bush, a virtual Trojan Horse. Now Paulson's preparing the way for his grand march back into private life by throwing billions of taxpayer dollars to his old buddies. So Goldman gets billions, and taxpayers get a pile of illiquid junk. Scam? Yes, and a classic case of moral hazard: Freed of risky liabilities, Wall … (3 comments)
|
bailout: Letter to Congress, NO Bailout - 09/25/08 01:42 PM
Congress,I'm writing you today on an issue that I feel is a part of a defining moment in this country's history.There are massive shifts occurring in credit markets right now and those shifts are going to have a significant impact on our ways of life.The Administration via Secretary Paulson has submitted a ridiculous bailout legislation plan that it appears many in congress are taking seriously. Senator Dodd has even crafted legislation that, while significantly cleaning up Paulson's proposal, still follows in lock step.I've heard members of congress in hearings talking about how it's up to the administration to explain why this … (20 comments)
|
bailout: Not a Dime! Stop the bailout - 09/22/08 09:09 AM
There is currently a horrifying proposal being fast tracked through congress by the President and Treasury Secretary Henry Paulson. Many members of congress have openly admitted they don't understand the situation and they aren't sure what to do.
I've called my senators offices and I was asked to organize people in a calling campaign. They want to hear what we have to say.
What's happening right now in our financial markets is a major event, regardless of what the government does, I feel it's going to have a major impact on us all. However I believe the proposal being … (14 comments)
|
|
|
|
|
|
Caleb Mardini
Bellevue,
WA
More about me…
Cell Phone: (206) 406-6849
Email Me
 Links
Archives
|
|
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
© 2012 ActiveRain Corp. All Rights Reserved
;)
;)