Bailout Going To Goldman Sachs

 

Can't you see whats happening. Paulson is using our money to bail out his old firm.

Someone needs to go to jail here.

 

European stock index futures drifted higher in early trade on Thursday after opening slightly lower, indicating a positive start for stocks. At 0608 GMT, futures for the DJ Euro Stoxx 50 STXEc1, Germany's DAX FDXc1 and France's CAC FCEc1 were up between 0.3-0.8 percent.

If we had a small fraction of discipline and efficiency European has we were out of this crisis or even better we were avoided this craziness.

 
godoftrading:
Can't you see whats happening. Paulson is using our money to bail out his old firm. Someone needs to go to jail here.

Emergency Economic Stabilization Act of 2008 was enacted on October 03 2008. It is a law authorizing the United States Secretary of the Treasury to spend up to US$700 billion to purchase distressed assets. Therefore, no one is going to jail here.