Quote from forestfire:
The story that he came out with this morning has changed every time it's been retold.
My question is this. How can he come out with such a dubious story quoting a fed source? If there really was a fed source (and not someone wanting to get out of their AIG position), then why would the fed tolerate such a leak?
I know that "fed sources" make comments all the time, but in this instance why would any responsible employee be allowed to get away with leaking info at such a precarious time?
I don't think even the clown bernanke would agree with this.
Either the fed should sack this employee or discredit Gasperino...
I would agree with you 100%.
As it was, CNBC turned around shortly thereafter and went into "damage" control mode "watering" down his story with the comments of Paulson from yesterday.
How convenient.