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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Tenchusatsu who wrote (434894)11/13/2008 8:22:04 PM
From: tejek  Respond to of 1574320
 
Ted, it's obvious Wall Street isn't impressed by the $750 billion "bailout." The Dow has fallen almost 50% from its highs, and volatility continues to dominate.

Like I said, I was for the bailout before I was against it. I thought Washington could engineer a soft landing if they tried, but it looks like I was dead wrong.


A bad recession may well be a soft landing.



To: Tenchusatsu who wrote (434894)11/14/2008 7:27:02 AM
From: steve harris  Respond to of 1574320
 
Turns out Paulson isn't going to buy any bad loans. That's one of the things Buffett liked and said might actually make a return on the investment.

The bailout authority should be yanked immediately, Paulson is taking care of his buddies and pulled the wool over everyone's eyes.