You’re right. Paulsen used AIG to save Goldman Sachs, that is plain to see. While Geithner is just a plain idiot, Paulsen is a traitor. On the other note, with the new 90% tax rate effectively capping compensation at $250,000 for AIG, Citi, BoA, Goldman, etc, there hasn’t been much talk what happens to the tax base of NYC. New York will become the new Michigan, and NYC the new Detroit.
You think Congress will tax GS 90%, then let the state take the last 10%? Yeah, I doubt that too....