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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (44510)	9/16/2008 8:24:52 PM
From: Doren	Respond to of 57684

I understand that but... AIG ONLY ASKED for $40 billion. I can understand Paterson chipping in with $20 billion. NY economy depends on Wall St and Paterson is a democrat. What I don't understand is the Republican Free Economy Fed rushing in with 85 billion. Well I guess I understand the motivation but it can't be economically explained. I think Lehman gave them deny-ablity. They did this AIG deal because the election is in 2 months. The taxpayer is going to pay the bill. Someone else made a hell of a lot of money off this. What ever. Tomorrow we are back to square one.