Yes. Paulson, now Geithner, all part of the same coterie of people, covering up the derivative disaster they caused.
Now they have even no shyness about “backing” derivative car loan securities. Complete insanity, but this is why maybe Biden, now Geithner, have to claim uncertainty in result and taking chances—because there is no reason to do this.
The big banks that played with these toys should suffer alone. The buying of “toxic debt” is the payoff to foreign holders to continue to finance deficits. Neither party is talking about balancing the budget.
I have heard about this, got some more information?