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WTF are you, then? Do you support Paulson's actions or not? Quit equivocating, Adolf. And you are truly one naive dumb ass if you honestly believe Paulson had no vested interest in doing a solid for Goldman. Keep drinking the kool aid.

Czech premier, currently European Union president, calls US economic measures 'a road to hell' http://content.usatoday.net/dist/custom/gci/InsidePage.aspx?cId=indystar&sParam=30418071.story RAF CASERT | Associated Press Writer 9:31 AM EDT, March 25, 2009 STRASBOURG, France (AP) — The...

Of course they did. The 'bailout,' originally two pages of bullshit, drafted by Paulson, and pushed on Congress under the pretense that the Apocalypse would happen if they didn't pass it immediately, was Paulson's way of saving Goldman and other members of the inner circle's ass. If you...

The only thing I want to comment on is that I can't believe USG is near $8. I remember Buffet was acquiring shares at $100, and when it fell to $50, Buffet was loudly proclaiming that he'd be aggressively buying more shares anytime USG dipped below $51. He must have taken an absolute and...

This is how the Japanese started out; with cheap, very basic, underpowered cars. At first, they couldn't even meet safety and other standards in the U.S., but adapted their cars to conform to U.S. standards. The first adopters of Japanese cars were laughed at, and many said there's no way the...

If you're one who bought in at Nikkei 15,000, 20,000, 25,000, 30,000, 35,000 or 40,000, especially if you were 25 or older when you bought, and as the Nikkei hit nearly 40,000 20 years ago, I don't think one would be too happy with this performance, especially if they had the 'conventional'...

I am not happy at all with the direction Obama is heading in. A stimulus bill that was devoid of at least significant (and badly needed) infrastructure improvements, really being a bailout of state, county and local governments (when they should become leaner and tighten their belts), deficit...

Indeed. It will be very interesting to see what becomes of finance and MBA grads over the course of the next few years. I do not take pleasure in their pain. I don't think it's any embellishment to claim that for those of us 40 or under (and especially those of us 30 or younger, let...

Good luck with steel stocks in a depression-like auto market globally (Toyota is cutting production by an astonishing 50%), few skyscrapers being built, and fake stimulus bills that have little infrastructure spending. Fundamentals ultimately rule.

-continued- Psychic Burden It’s tough to live in New York City on much less than $400,000 a year, Orringer says, especially if a family has two kids in private school, where tuition can exceed $25,000 a year. “I look around at my neighbors, and I wonder, ‘How do they make...

-continued Recalibration “The idea that so many people could move money around and make so many millions seemed economically unreasonable,” he says. “Moving those people on to other pursuits is going to be much better for our economy.” Florida, author of “The Rise of the...

Fired Doctor of Derivatives Waits to Cry as Finance Jobs Vanish http://www.bloomberg.com/apps/news?pid=20601109&sid=agdquPfpIk78&refer=home By Lisa Kassenaar and Stephanie Baker March 24 (Bloomberg) -- Raj and Nita Godhania are drinking Nescafe in their one-bedroom apartment in...

2010 will be far worse than 2009. Trying to turn the economy around is like turning a supertanker around when it's full steam ahead, and that's with no further job losses. Add continuing job losses and a frightened consumer to the mix, and it's akin to turning a supertanker around when...

Kass needs to eat more fiber. He's going to see the true lows, soon, also - and will be all 'mea culpa' like.

Ahh, the incredible hypocrisy of the far right. When Bush was in office, conservatives, moderates and liberals severely criticized Chavez for making the comments he did in New York about President Bush. But the far right wing neocons would rather side with Chavez than President Obama...

Okay, by my simple math: Group of investors bids 100,000,000 to purchase formerly 'illiquid' assets from bank. Government uses bid price and provides 85% of funding to private investors in the form of a non-recourse loan. So, government provides a 85 million dollar, non-recourse loan...

Okay, so apparently the futures are popping because Geithner finally set some details forth on the new plan to subsidize private acquisition of difficult to value/market/sell assets via the use of tax dollars, allowing private investors to leverage their money 6 to 1, in a non-recourse fashion...

http://www.nytimes.com/2009/03/22/opinion/22rich.html?_r=1&em Has a ‘Katrina Moment’ Arrived? By FRANK RICH Published: March 21, 2009 A CHARMING visit with Jay Leno won’t fix it. A 90 percent tax on bankers’ bonuses won’t fix it. Firing Timothy Geithner won’t fix it...

Screw AIG and any other shitty ass company depending on taxpayer money as life support. Bonuses? Are you insane?

Paulson, his lackey, Geithner, and Bernanke should all be prosecuted and convicted of treason and imprisoned for life. Goldman Sachs should be prosecuted by all State Attorneys' General, and it should be sued in civil proceedings by every investor, pension fund, mutual fund or other entity...