The Real Reason Behind Hank Paulson's Change of Mind

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Real Reason #2

Paulson is running out of time and money. He needs congressional approval to get at the other $350B of the $700B bailout package. Of course he's going to say "I've got a new plan.. this time I'll take your feelings into account..promise!"

Gustavo Corral of NY @ Nov 16, 2008 00:21:28 AM

Good point

Would take a few trillion to buy that toxic sludge. Amazing to me that Paulson "didn't know" that before encouraging the bail-out bill...

MooTrades.com of VA @ Nov 15, 2008 10:49:37 AM

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Capital Commerce

Capital Commerce

U.S. News business reporter Matthew Bandyk examines the issues, people, and debates that shape the nexus of political and economic life in the nation's capital.

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