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Politics : Ask Michael Burke

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To: longnshort who wrote (115934)9/25/2008 12:54:50 AM
From: Madharry1 Recommendation  Read Replies (1) of 132070
 
The whole thing is pretty funnny. Former Keating 5 member MAC wants to bail out of the debate, so he can be present for financial crisis package. A guy who has missed something like 400 vote calls suddenly has become reborn.

Closer to home money is just getting more and more expensive.
I dont know Goldman Sacks is nearly as good as they if they had to give bufffet 10% for preferred shares as well as 5 year warrants to double up.

Paulson seems to be running around like a black sheep member of a very wealthy famly- " I need $700 billion really badly , its real important but I cant tell you exactly what its for but its a matter of life or death."

Meanwhile the SEC just permitted a $30billion fund to not honor redemption requests on a temporary indefinite basis. I guess these people will have to go on food stamps now.
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