In a thrilling zero-round KO, GS is declared the winner.
Who has bought up credit swaps, subdentured debt from sub-prime guys recently?
Take a guess, its the guys on this list! What happended to personal responibility? That campaign rhetoric to get ignorant people to vote for you. You’ve got libs who don’t want to see people lose “rented” homes, cons who don’t want economy to tank for 08 and GS, et. al who are the clean up hitters looking for the homerun in profits. Bailout in a sense has already started. Lenders are already offering to delay resets for 1-2 years for those ARMs or are capping at 2% increase for first reset instead of 5% increase. The losers: Any moron that took out fixed!!
So who are the pawns in this game? No, not the FBs, that would be …
me and SD Realtor.
CHARLES E. SCHUMER (D-NY)
Top Contributors
1 Goldman Sachs $270,090
2 Citigroup Inc $241,100
3 Morgan Stanley $194,000
4 Credit Suisse First Boston $154,794
5 Merrill Lynch $147,000
6 Bear Stearns $140,900
7 UBS Americas $139,750
8 JP Morgan Chase & Co $139,550