Sunday, September 7, 2008

PAULSON ROLLS THE DICE AT TAXPAYER EXPENSE

The GSE deal has been announced. Here is the Statement by Secretary Paulson on Treasury and FHFA Action to Protect Financial Markets and Taxpayers. The title of the statement suggests two things. 1. This agreement will not reduce risk on the financial markets 2. This agreement will not protect the taxpayer FOR ENTIRE ARTICLE: http://www.blogger.com/post-create.g?blogID=3980533393592326637