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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: James Hutton who wrote (166165)11/21/2008 4:19:24 PM
From: energyplayRead Replies (1) of 306849
 
Why market likes Tim G.-

Younger and more energetic. He exercises, and is a runner.
(Paulson was going " uh, uh, uh,"trying to find words in a press Q & A last week, and did not look good.)
Has been warning about derivatives issue for a long time.
Experience with previous bailouts.
Knows all the key people.
Actually understands what is happening and why.
Did not help create the problem by requesting higher leverage limits like Hank Paulson did 7 years ago.

>>Also, many spokespeople in the market have been lined up to say nice things about him. The media seems to have been told to be nice. This becomes a self fullfilling expectation.<<
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