Paulson Says....Hey It Is Not My Fault....

Quote from libertad:
and..... guess who went to congress and said the sky will fall unless you give me an open checkbook for $700B to save guess who from crashing and burning on their own bad risk decisions -- yeap you guessed it

...the investment banks

who said there is no such thing as comedy in the financial markets

you couldn't make up a scam like this even if you were a Nigerian high-school kid in a sex-chat room


Goldman Sachs was one of the lead underwriters of CDOs...

ie 2006


http://thismatter.com/money/bonds/types/cdo.htm

...............................................

Guess who was CEO of GS in 2006....
and guess who has millions in the bank ....because of them.....



http://en.wikipedia.org/wiki/Henry_Paulson


And who is the US Sec/Treas ?
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