Home -> Law Blog Directory -> Criminal Law Blogs -> Crime & Federalism

Criminal Law

: Crime & Federalism

More Proof that Paulson is a Crook

Wells Fargo did not want to be, and did not need to be, bailed out.  Main Street banks do not need to be bailed out (story): Community banking executives around the country responded with anger yesterday to the Bush administration's strategy of investing $250 billion in financial firms, saying they don't need the money, resent the intrusion and feel it's unfair to rescue companies from their own mistakes.Paulson is either a crook who is using our money to enrich his Wall Street cronies; or he suffers from extreme cognitive bias.  To him, without Wall Street, their cannot be any banking system.  He is wrong.  But do we expect someone who made hundreds-of-millions on Wall Street to view the world otherwise?

Full post as published by Crime & Federalism on October 15, 2008 (boomark / email).