They are trying to scare the dopes into helping Goldman. Paulson is going to try and help Goldman get rid of this worthless paper. Tax payers will get worthless paper crap. Goldman gets a clean balance sheet thanks to there inside man. These investment banks need to be put out of business, there band for this country. Lie cheat and steal is there business model.
This irony, of course, is that the "evil short-sellers" were GOLDMAN, who got big brownie points for profits when the other IBs were failing because they were shorting MBS
This is the part that makes me want to rip my hair out. I wouldnt put it past those low-lifes of slamming their own stock a day before options expiration and picking up cheap options. All the time knowing what Paulson was up to. Do you even comprehend the billions they could have made in a day?
Paulson will be out of a job in 4 months. He may go back to work with Goldman as an "advisor". He will collect his Billion Dollar "signing bonus" Goldman has been holding from these events.
That's brilliant. I suppose "We need another bailout for some crappy company that overleveraged and deserves to die" wouldn't cut the mustard, so they went with "Financial terrorism out of Dubai!"
Bush as always been one to take the bull by the horns. McCain is the same way except McCain is more ruthless in how he does it.
LOL Dubai Did it... Bull shit.. Only weapons of mass destruction are the bail outs washington just released. Weapons of mass financial destruction. Seems we are on a witch hunt... magician slight hand - trick. Open your eyes people you are witnessing the largest bank heist in history. White collar crimes with our government officials as accomplices. inside job... as usual... Now they are going to blame the Saudi's? hmm.. lets see if this global financial war against the USA makes any sense. 9/11 20 terrorists take the fist shot WTC: est. Cost: $300K Sends US into a frenzy waging wars and suspecting everyone. markets crash and instead of a physical war. They and there allies just short the hell out everything and buy out the US. Yeah right.... Democracy or Hypocracy? And this moran Mccain publicly blames Obama? wtf. Is he senile or even fit to carry on? Bipartisan Hypocrats...
i think it was the arabs rumors are, that 4 years ago arabs were forcing jewish firms to make 30-1 leveraged bets on a real estate bubble the jewish firsm did not want to do this wolf blitzer is a traitor - his tone is always hysteria, to induce us into disasterous action