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  • asaf123: 
  • Comments (55)
  Paulson probably recanted after Bernanke called him and reminded him that the Fed is backing credit lines (lifeblood) for Goldman. Without the Fed backing for Goldman's credit, how much do you think Paulson's $700M in Goldman stock is worth.
  
  It was probably pretty easy for Ben to arm twist Henry into this recant.

  Apr 24 10:47 AM | Link | Reply
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  • AnOilMan: 
  • Comments (35)
  Didn't he have to sell his stock before taking the job at Treasury?
  
  On Apr 24 10:47 AM asaf123 wrote:
  
  > Paulson probably recanted after Bernanke called him and reminded
  > him that the Fed is backing credit lines (lifeblood) for Goldman.
  > Without the Fed backing for Goldman's credit, how much do you think
  > Paulson's $700M in Goldman stock is worth.
  >
  > It was probably pretty easy for Ben to arm twist Henry into this
  > recant.

  Apr 24 10:55 AM | Link | Reply
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  • _Jimmy_: 
  • Comments (5)
  Bernake needs to exit and soon.
  
  He is completely out of control.

  Apr 24 11:06 AM | Link | Reply
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  • darkpool: 
  • Comments (27)

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  • Red Wing Shoes of Canada
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  • redwingshoes.ca
  being in bed with the government is always worse than being in bed with the mafia

  Apr 24 11:15 AM | Link | Reply
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  • davidingeorgia: 
  • Comments (41)
  as the old joke about politicians goes:
  
  "how can you tell a Wall Street/Fed/Treasury guy is lying?"
  
  "his lips are moving"
  
  it's not just Bernanke (who seems to think he's some sort of superhero from Krypton sent here to save us from Great Depression II) who is out of control...the entire government is out of control...they all need to go...how about that Yucca Mountain place that we apparently aren't going to use for nuclear waste? I bet you could fit all these guys inside there - a put a nice concrete cap on it. (I kid, I kid...sorta)

  Apr 24 11:18 AM | Link | Reply
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  • _Jimmy_: 
  • Comments (5)
  Bernake has amassed an incredible amount of power. He is playing games with no checks and balances. This guy is using our children's chips to test his roulette strategy.

  Apr 24 01:18 PM | Link | Reply