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Are Paulson-Bernanke Overhyping the Danger?

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Paulson hides truth

Paulson and the quants knew the system was rigged and risky.
Per NYT: “There was a willful designing of the systems to measure the risks in a certain way that would not necessarily pick up all the right risks,” said Gregg Berman.
The Reps and Dems took millions from financial services companies, and now act surprised.
Financial services companies will yield a trillion return for their investment.

Fred of MT @ Sep 24, 2008 13:44:06 PM

Of Course They Are Overhyping!!!

Paulson and Bernanke have one mission and one mission only, obtain maximum return for investors regardless of the consequences. The entire objective of deregulating the markets was to maximize return on investment by any means possible. Now the gamble has crumbled yet they resort to scare tactics to force a bailout and even balk when a gradual payout of the $700B is suggested while admitting the total cost may run well into the $trillions. This administration overhypes every issue to push their agenda of lies. The financial markets will adjust themselves, we need no bailouts at present. The bad businesses will simply fail as all bad business should. We need not fall prey to yet another of Georgie's Boondoggles since he is the master of uncompleted issues!!!

Ray Fisher of NM @ Sep 24, 2008 11:37:02 AM

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