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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: longnshort who wrote (14661)	1/21/2009 8:57:47 PM
From: Fiscally Conservative	Read Replies (1) \| Respond to of 50526

Noooo..lol. It was Henry Paulson who took just 77 days to pledge the first half of the $700 billion of TARP funds - prompting him to joke at one point that the Treasury had set "a land-speed record from announcing a program to getting funds out the door." One mistake Paulson made was investing in banks without distinguishing between solvent institutions healthy enough to recover and those with balance sheets so weighed down by bad loans that they should be taken over by the government. Then again back then time was of the essence.