tag:blogger.com,1999:blog-2335748440449035592.post3966757770176706611..comments2008-07-22T11:21:24.148-04:00TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2335748440449035592.post-83588490458546521682008-07-22T11:21:00.000-04:002008-07-22T11:21:00.000-04:00It's really amazing when you think about it<BR/><BR/>I believe Steele who just went over to Wachovia is also a goldman guy. He was in treasury.TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-52514618890296219712008-07-21T15:06:00.000-04:002008-07-21T15:06:00.000-04:00http://business.smh.com.au/business/crumbling-foundations-20080718-3hj6.html<BR/><BR/>snippet:<BR/>-----<BR/>Paulson was head of the investment bank Goldman Sachs before he became Treasury Secretary. The former chairman of Fannie Mae, Jim Johnson, was head of Goldman Sach's remuneration committee, where he helped set Paulson's healthy salary.<BR/><BR/>But the bigger question is: if the Government and taxpayers bail out market players, how do they learn the lessons of mistakes?<BR/><BR/>President Bush's former economic director Lawrence Lindsey, now a financial consultant, was so incensed by Paulson's intervention that he wrote to clients saying: "Surely things are somewhat amiss when a country's finance minister plays bond salesman for a supposedly privately owned company."<BR/>-----ndubyahttp://www.blogger.com/profile/09824959547251530575noreply@blogger.com