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Originally Posted by SeattleUte
How can you know this? No one has known what the hell is going on until now.
I think this bill would have a better chance if Goldman, AIG and Paulsen hadn't met and cut their sweet deal without telling the rest of us. Did you read the NYT article about this yesterday? It's the no. 1 emailed article in the Times.
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Read the article. Agree that there were bad decisions and dishonest dealings. We are where we are and no amount of Monday morning QB'ing changes the basic premise this is a genuine liquidity crisis. Worldwide markets also falling dramatically.