Tuesday, September 23, 2008

Mother of all Conflicts of Interest

Wow.. This is plain amazing..

Something else I learned that I didn't know is that Hank Paulson has $500,000,000 in Goldman Sachs stock (at current prices; it was a billion bucks before). Ummm, help me understand this. Some poor shchlub in government can lose his job if he has a few thousand bucks in a company that represents a conflict of interest. And yet Paulson is permitted to own half a billion dollars of a stock whose fate he basically has utter control over? Jesus!

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