2008-10-03 — ml-implode.com
It’s ironic that Schwarzenegger made this bailout request in a letter urging the passage of the $700 billion bailout. CA is the epicenter of the housing crisis and much of the toxic paper Paulson will buy with his new authority will be from California. It takes a bit of chutzpah to ask for two bailouts at once.
And what if Treasury lends to California? What about all the other state governments that are facing funding problems?
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.
