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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Jim McMannis who wrote (268711)8/12/2010 6:52:43 PM
From: koanRead Replies (1) of 306849
 
>>To: joseffy who wrote (268690) 8/12/2010 3:15:26 PM
From: Jim McMannis Read Replies (1) of 268751

WS convinced Obama they must be bailed out or they would crash the market and pensions would smush. Obama knows no better and trusted them. Not to mention some nice campaign contributions or NYC being a big Blue town.>>

Jim, that bail out was done by Paulson and Bush in Sept of 08. Obama had nothing to do with that. It was all Bush!!
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