Looking back, can we blame Henry Paulson for the lousy economy? Was Bear Stearns allowed to collapse while the Federal Reserve devised a contract with a private bank to take control of Bear Stearns former assets? And what are his Goldman Sachs connections…Apparently, if AIG had gone bankrupt, Goldman Sachs would have lost around $20 billion due to financial transactions between them. However, G.S.’s benefit from the AIG bailout neared $13 billion! Paulson also bailed out banks doing business with AIG. Can we blame Henry Paulson, Ben Bernanke and the government for the lousy economy by allowing some mega banks to crash?
http://www.blogcatalog.com/search.frame.php?term=paulson+bailout&id=5e555429de9c9314a950b52d30999e20
http://abcnews.go.com/Blotter/story?id=5930875&page=1




September 23rd, 2009
Paulsen intentionally let Lehman Brothers fail. He’s the former head of Goldman Sachs, a rival company. This is a complete scam.