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Veterans of 90s Bank Bailout See Opportunity in Current One
Democratic Underground Latest Breaking News —
... Seidman, the first chairman of the R.T.C., are serving as advisers sharing ideas with Treasury Secretary Henry M. Paulson Jr. and the transition team for President-elect Barack Obama even while they are separately directing investors or banks on how to best profit from this advice. It is an enormous market, said Mr. Seidman, who has already joined two such potential money-making efforts and is evaluating proposals to participate in a third. I am enjoying this. Read more: http://www.nytimes.com/2008/12/29/us/29bank.html?hp
As the Vultures Circle
N/A —
... What does a vulture look like when it smiles? The people who directed the savings and loan bailout are back now to benefit themselves in the current disaster. ...
Bailout Bonanza
MoJo Blog Posts: mojo —
... In these days of economic turmoil many Americans are worried about staying employed and keeping up with mortgage payments, but one group of former government officials is struggling just to keep pace with an influx of new business opportunities. This "tight-knit" cadre, reports the New York Times, are veterans of the savings and loan bailout of the 1990s who helped to set up and run the ...
