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TARP This: Paulson's Bailout Plan Riddled With Deception

Talk about crazy making. How do we believe anything Hank Paulson says? 

First, he needed $700 Billion, and fast, to buy up troubled assets or the skies would fall and we would be pressed to impose martial law. He found an appropriate acronym, TARP, to manage the money with a skeletal staff of 28 headed up by one of his former protégés at Goldman Sachs. 

So Far, So Good, 

Posted in financial crisis