SEVEN HUNDRED BILLION DOLLARS!
Think about that number ... it's really too abstract. It comes to $2,333.33 for every person in the US or roughly $9,000 per household. It's a lot of money. Golly, I sure am glad that we've got such smart people running for the presidency. Can we draft Bill Bradly ... PLEASE? How about Michael Bloomberg?
BTW, I heard that Henry Paulson left Goldman with about $400 million. Nice payday. Just in case you all didn't realize it, Goldman Sachs is probably the best Investment bank in the world. It is also staffed with the brightest people and it has the most tightly controlled partnership in the business. In fact, the ONLY way to get your capital out of the firm is to go into government. This is why John Corzine ran for the senate and why Paulson is treasury secretary. Conflict of interest - can't have that, no favoritism, no that would never do.
I found some old e-mails that I'll put up tomorrow.
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