Ok, Secretary of the Treasury Paulson… former CEO at Goldman Sachs…K
Warren Buffet just made a $5 Billion dollar investment in what’s left of Goldman Sachs… hmmm … K
Charlie and Warren yucked it up with Warren’s message seeming to be that Congress better hurry up and pass that bailout (which $700 Billion might be too small) or credit and market confidence was gonna dry right up.
Hmm, The Dow was up about 500 Tuesday and only down like 19 Wednesday.
The markets seem relatively calm given all that we’ve been through.
I’m still leaning toward… those that made poor investments in various risky financial instruments, and things related to risky mortgage lending practices, should accept their losses with their wins.
And… some investment banks were allowed to accept their losses and collapse… hmmm
Now then Senate has added inducements to pass the Bailout Bill (I mean rescue…) of Goldman Sachs?
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