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To: tarpit

financial institution’’ means any institution, including,
19 but not limited to, any bank, savings association,
20 credit union, security broker or dealer, or insurance
21 company,


So hedge funds are potentially included by the “not limited to” language. Hooray. Paulson can bailout his hedgie billionaire friends.


13 posted on 09/30/2008 9:17:46 PM PDT by Uncle Miltie (Bushonomics: Privatize Gains, Socialize Losses)
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To: Uncle Miltie

wow u should read that thing... it’s amazing, I could only make throught the first two sections w/out puking...

“...to purchase, and to make and fund commitments to purchase, troubled assets from any financial institution, on such terms and conditions as are determined by the Secretay”

that means an “asset”, any where in the world...
and on a related note I did some figuring tonight, 700 Billion equates to appx 100 buck a person... per person, the world over... maybe that helps put it into prospective for some of you that still think it’s a good idea. 100 dollars per person, for every single person breathing air on the planet.


25 posted on 09/30/2008 9:35:07 PM PDT by PA_Country
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To: Uncle Miltie

Which is where that sack of crap [Paulson] probably has his dough too...


49 posted on 09/30/2008 11:58:51 PM PDT by Axenolith (Government blows and that which governs least blows least...)
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