September 23, 2008 at 7:56 pm Leave a comment

 

The happenings on Wall Street just keep getting bigger and bigger.  Now, the government has proposed a plan that will cost nearly a trillion dollars and buy off the bad assets from banks and financial institutions.  Obviously, Secretary of the Treasury Henry Paulson saw some catastrophe coming to warrent this intervention.  What did he forsee?  Was it true?  Is this the best step the government could have taken?

Advertisements

Entry filed under: Uncategorized.

Lehman Brothers and the Government, pt 2 What did Secretary Paulson see in his crystal ball?

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Trackback this post  |  Subscribe to the comments via RSS Feed


My One Little Word 2011

Link to me:

Overlapped blog button
<a href="http://www.overlapped.wordpress.com"><img src="http://i630.photobucket.com/albums/uu30/bloommag/blogbutton.jpg" alt="Overlapped blog button" width="125" height="125" /></a>

Bloom! Book Club

Other Blogs I Love

Photobucket

Archives