Photo illustration by Chris Mueller.VANITY FAIR ARTICLE LINK HERE. They have done outstanding job detailing what was done, and if this doesn't get the hair on your neck standing and get you pissed off, nothing will.
Just wonder what our economy might have been now, if those BILLIONS Paulson got would have lifted tons of that toxic crap off the banks books, instead of just lining their fing pockets.
This is SO sickening, even though I already knew many of the details, made me sick to read it again. There's nothing funny about it, rather sad.....instead most of the toxic crap is sitting on the books, no one wants to underwrite mortgages....and the market for 2ndry paper is broken.
D
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