Yes, this is a bit over the top, but it’s hard to argue with the main point here.
America Must Rescue the Bonuses at Goldman Sachs: Michael Lewis Commentary by Michael LewisPosted September 24, 2008 by Nathan Gendelman
Another perspective on the Bailout
Comments (2)
Pennies on the dollar
2
Wednesday, 24 September 2008 10:59
Nate
Merrill Lynch got 23 cents on the dollar when they sold their "assets" to a buyer. The Treasury seems to want to pay full price
Broker
1
Wednesday, 24 September 2008 10:51
Robert Rossen
Exactly. The collateral is worthless, so it is time to sell it to the retail investor. (U.S. Taxpayer)
Add your comment
