OldSnowCat

Wall Street, 1792 - 2008?

Congress must "skim" the greed out of the deal. Consider, the troubled companies either placed or bought sub-prime loans and they knew [or should have known] they were high risk. They choose to ignore the risks and made a very very big bundle of money from the loans. Now the loans are in default so the greedy companies expect, yes expect, the Congress to pay them again for the default. So double paid for the same very bad business decision. Basically this the DARK SIDE of Clintons "Every-one-will-own-a-... policy in late 1990,s and what drove the big surplus at the end of the Clinton Presidency. YES the financial markets are burning and President Bill Clinton caused it.... Look it up!!

The moneys given to the troubled companies MUST Loans to be paid back with interest!! When we add Billions of dollars of Debt to the troubled companies Balance Sheets the first thing Boards of Directors should burn are the "GOLDEN PARACHULES".