Santelli would be hating life right now (as we all would) if the US Govt didn't do something
disclaimer: I'm not fan of the way Bush/Paulsen handled the bail out either
Paulson needs a jail cell. I simply cant fathom how they pushed through this TARP mess and did not force the banks to segregate the funds in a seperate account to show how said funds were being used.
It seems so elementary to me that this would have been a requirement for these banks to get any money that it just is mind blowing.
Additionally, how did they wrote the checks or fund the banks???
Wire transfer???
Check???
The mechanic's of this thing still seems so rife with fraud.
For example - lets say Psaulson had or formed a bank or some other entity or subgroup within a bank. how would anyone know if Paulson was not himself wiring millions to himself?
This whole mess is very maddening.
