Bush's final Treasury Secretary, Henry Paulson, arranged a shotgun wedding in which Bank of America bought the ailing Merill Lynch. BoA was given an escape clause if Merill proved to be a millstone.
Merill proved to be a millstone. The BoA president told Paulson that he would escape. Paulson threatened him to hit BoA with a government regulatory sledgehammer to spite BoA for upsetting the government's applecart.
Now Paulson is selling a book. I will not pay a cent for the book. I will not rent it from the library.
Paulson is a thug.
http://online.wsj.com/article/SB10001424052748704471504574447171063275730.html
Saturday, February 13, 2010
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment