“Phil, I’ll take “Troubled Assets for $700 bn.”
How much can you get the Fed to pay for your trash? This is the new game in town, and don’t you think the republican’s are going to milk that $700bn for as much as they can get, not what is deserved?
The logic of the crisis seems to [...]
Archive for September 22nd, 2008
Cash for Trash: The New Wall Street Game Show
Posted in Economy and Business, Government, tagged Congress, Federal Reserve, Henry Paulson, Keating Five, lame duck president, Wall Street bailout on September 22, 2008 | 3 Comments »
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