Google Fan

Where's the Bottom? Still Anybody's Guess

Outtanames999 I believe hit the nail right on the head. And, I will go as far as to say that this is the Paulson plan itself. He used to be the top guy at GS, he knows what he is doing. Now, this weeks problem is not quite so easy to fix - political pandering by clueless congressmen and women in an election year. And they unfortunately are pandering to an uneducated public by and large, that has no idea what a CDS, RMBS, CDO, or Tranche is. The way the public sees this is just a "bailout of fat cats". In that kind of context and in an election cycle, you can rest assured that logical thinking will be thrown away, and rhetoric and running at the mouth will be the order of the day. The best we can hope for is that a deal was already struck over the weekend, and all this is just political theatre for the benefit of the masses that want "accountability".