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2.7%  Q1 GDP    4.57%  avg. 30-year mortgage     9.5%  Unemployment

Paulson To Speak With Top U.S. Bankers

Treasury Secretary Hank Paulson will meet with the heads of the top U.S. banks in Washington and by phone today at 3 p.m., as a plan moves forward for the federal government to invest directly in banks, nationalizing them to a degree in an attempt to stabilize them.

Also, Italian Prime Minister Silvio Berlusconi said that top officials in Europe will meet at the same time today to begin "concretely implementing" the financial relief plans made Friday by the G-7.

-- Frank Ahrens

By Frank Ahrens  |  October 13, 2008; 11:43 AM ET
Categories:  The Ticker  
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Comments

POTATO-HEAD SEC-PAULSON.

SPEAKS WITH FORK TOUGNE

Posted by: david | October 13, 1908 12:12 PM | Report abuse

US Treasury Secretary Henry Paulson
Has Already Received His PERSONAL BAIL-OUT

Under Treasury Secretary Henry Paulson’s .. Former leadership at
Goldman Sachs, the company has been instrumental to its penetration of Western
capital and other markets. - - Henry Paulson was vastly effective in Communist
China’s .. Interests and enabling their access to Western economic assistance
and high technology

In late January 2006, Goldman Sachs purchased a stake in the Industrial and
Commercial Bank of China (ICBC), China’s biggest bank, for $2.58 billion
Treasury Secretary Henry Paulson''''s .. Personal stake .. In this transaction
was $25 million

A PERSONAL BAIL OUT for : Treasury Secretary Henry Paulson and His
Criminal Friends

(Mar 27, 2008 (ruters.com) BBC) ... White House Resists Pleas for .. Mortgage Bailout
WASHINGTON (Reuters) - As clamor rises for federal help for homeowners
who face losing their homes .. U.S. Treasury Secretary Henry Paulson .. Seems
to be digging in heels against the effort.

U.S. Treasury Secretary Paulson sounded a tougher note than ever against any
possibility of bailout for individual mortgage holders, singling out the growing number
going "under water" as their loans exceed the diminishing value of their properties.

THEY ARE BUYING THESE MORTGAGES FOR 6.75 CENTS ON THE DOLLAR. PEOPLE, NOW DO YOU SEE WHAT THEY DOING.

SO YOUR HOUSE YOU JUST BAUGHT FOR 300,000 AND THEY AND YOU THINK IT WAS A STEAL. HAHAHAHHAHAHAHAHAHAHAHAHAHAAH

TO STOP ALL THE BLEEDING THEY NEED TO DO THE FOLLOWING.

STOP ALL FORCLOSEING NOW ASAP.
THEN ANYONE THAT BAUGHT A HOME OR REFI A HOME FROM 2001 UNTIL 2008. THEY NEED TO JUST REFI THEM AT JUST ABOVE THE PRIME RATE, AND MINUS OFF 80 PERCENT OF THE PRINCELBLE AND START OVER .

THIS WOULD GIVE THE BOTTOM..AND OF ALL FORCLOSEING.

THEY WOULD ONLY DO THE HOMES THAT WAS USED FOR HOMES . NOT SOMEONE JUST LOOKING TO FIP.

THIS WOULD END IT. I HAVE BEEN SAYING IT FOR 5 YEARS NOW. IF THEY MANDATED IT 5 YEARS AGO WE WOULDN'T BE IN THIS MESS NOW..


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Posted by: DAVID | October 13, 1908 1:30 PM | Report abuse

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