"Former Treasury secretary Henry Paulson, who appeared on “Meet the Press,’’ said: “I.... never place too much emphasis on what the market does for any week or two.’’
Right, that's why you threatened the Congress with martial law if you didn't get the $700 billion.
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Also see: Paulson Perjures Himself
Treasury Testimony
What a frikkin' liar!
He's not the only one:
Billionaire Warren Buffett (left) and former US Treasury Secretary Henry Paulson talked about the economy yesterday on stage at the Greater Omaha Chamber of Commerce’s annual meeting. (Nati Harnik/Associated Press)
"US will recover bailout funds, Paulson and Buffett predict" by Josh Funk, Associated Press | February 10, 2010
OMAHA - Henry Paulson, the former Treasury chief, and billionaire Warren Buffett said taxpayers will recover every cent paid out to banks during the economic meltdown and may even turn a profit.
Sigh. Saw their heads off now.
The staunch Democrat investor and the Treasury secretary under President George W. Bush spoke onstage yesterday before 2,400 at the Greater Omaha Chamber of Commerce’s annual meeting.
Translation: POLITICS is BULLSHIT!!!
Related: Buffet's Buffet
Buffet's Bailout
Geithner Thanks Goldmans For Buffett
It's Good to be a Bankster
Yeah, if you have the right connections.
Paulson in his recently released book defended the government, which scrambled to prevent failing US banks from dragging down the global economy with them.
“As bad as this is, when we look back it’s not as bad as it could have been,’’ Paulson said.
And he said the United States is better off today than most countries....
Sigh.
Yeah, right, Hank, you pathetic PoS!
Paulson said compensation is normally out of whack on Wall Street, but after all the government bailouts, many executive pay packages are excessive....
Buffett said Paulson’s book gave him an appreciation of how well former President George W. Bush understood the economy and events during the crisis....
Is he f***ing kidding?
Buffett praised the actions of Paulson, Federal Reserve chairman Ben Bernanke, and Paulson’s successor, Treasury Secretary Timothy Geithner.
Of course he did AFTER they gave him ALL that TAX LOOT!!!!!
Paulson also thanked Buffett, an icon to thousands of investors, who advised the former Treasury chief during the worst days of the economic downturn.
Yup, Democrap, Repuglican, what's the difference?
Buffett is chairman and CEO of Omaha’s Berkshire Hathaway Inc., a holding company with a roughly $173 billion market capitalization.
Wouldn't you like to have a piece of that, readers?
Well, you can HAVE YOUR OWN SLICE of BERKSHIRE CRAP, 'murkn!
A VERY THIN SLICE!
"Small investors can buy into Buffett at lower cost" by Associated Press | January 22, 2010
OMAHA - Billionaire Warren Buffett has built his reputation as a savvy investor who spots quality businesses selling cheaply and either buys the stock or the whole company. Omaha-based Berkshire has investments in such companies as Coca-Cola Co. and Wells Fargo & Co., and owns more than 60 subsidiaries, including clothing, furniture, and jewelry companies. Its insurance and utility businesses typically account for more than half of its revenue.
And WHAT is with the GLOBE HACK JOB, huh, readers?
The company's prized Class A shares, which carry more voting rights and are not being split, are the nation's most expensive stock, at around $100,000 each. The Class B shares, dubbed "Baby Berkshires," are splitting 50-for-1 as a way to facilitate the company's plan to buy Burlington Northern Santa Fe Corp.
Oh, they want SMALL-FRY to PAY for their BUYOUTS, huh?
So you picking up your shares from the Buffett table?, America?
"S&P cuts Berkshire Hathaway rating" by Associated Press | February 5, 2010
OMAHA - Standard & Poor’s has followed through on its warning and lowered Berkshire Hathaway Inc.’s long-term credit rating yesterday as the Omaha firm readies to acquire Burlington Northern Santa Fe Corp.....
Oh, you are getting a big helping, aren't you?
“The rating actions are based on our view that Berkshire’s overall capital adequacy, as well as that of its insurance operations, has weakened to levels no longer consistent with a ‘AAA’ rating and is not expected to return to extremely strong levels in the near term,’’ Standard & Poor’s analyst John Iten said....
And he just let you buy in, what a coincidence!
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Also related: Geithner says Aaa rating is secure
