Thursday, November 13, 2008

Paulson's Bailout Shenanigans (Quote of the Day)

"For those that may not know, Hank Paulson made all of his hundreds of millions while running Goldman Sachs (GS). That was his job before being anointed as Treasury Secretary; the next brain from Goldman that would save us all.

What people should know - what everyone should know - is that Goldman was one of the major players in the creation of most of the derivatives being blamed for our debt implosion and severe recession, namely credit default swaps." -- Kip Herriage, in a blog post, Fire Hank paulson Now

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