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?


Entry filed under: Uncategorized.

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

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