John Paulson reaps billions from the financial crisis

One question for Tom Taulli, Tom will you be buying ant GE stock?

Good article.

Sounded a bit envious, but this is the way businesses are supposed to be run.

Why are we rewarding the one's that weren't run properly with more money in the form of a bail out ?

Virgil
http://www.KeepAmericaAtWork.com

Isn't it past time to outlaw hedge funds? A basic problem is that the stock markets have become too much like a Las Vegas gambling casino . . . and like that, are "controlled by "the house" (the wealthy special interests who control the makets.)

While there are a normal "risks" in any investments in the markets, the savings of people for retirement in the markets makes it unacceptable to have a "casino style" market that is manipulated by the special interests. We are now beginning to see the impact of the pyramid and Ponzi FRAUD SCHEMES that have become an integral part of the stock markets.

The government is trying to convince people to invest in the market that is STILL BEING CONTROLLED BY THE CORRUPT POLITICIANS, CEOs, and corporate management WHO CAUSED THIS DEBACLE. The American people are not going to "buy into this coninued FRAUD".

The QUANDRY is: "HOW DO WE GET RID OF THOSE IN POWER, WHO ARE RESPONSIBLE FOR THESE CRIMES? How do we get rid of Barney "Google" Frank, Mel Martinez, Ms Pelosi, Andrew Cuomo, and all of the other inept and politicially corrupt individuals . . . "recovery" cannot start until that is done.

America is bemused by the current economic crisis that mortgage lending has brought on to the country. However, Americans are not the only people affected by such matters on a daily basis. The International Herald Tribune elucidates that the worldwide credit crunch is going on in Europe as well. Small businesses depend upon credit with its suppliers in order to function. A small business owner, Dominique Boudier who runs a printing company, also depends on credit for the production of her company, and her creditors are cutting back their offerings by half. This is an order from the suppliers’ credit insurance companies. Bouldier’s business needs additional cash flow to make up for their major fallback, considering a typical 60-day lag time in which clients pay. As the bank’s hands are tied, the goods of her future seem unclear. Like many banks across Europe, her bank began to put their money to sleep with the European Central Bank instead of investing it back into other banks and the economy as a whole. When liquidity was disrupted and banks began to fail, credit began to dry up. Similar to America’s Federal Reserve Bank, the European Central Bank uses a method based on the ability to create as much fiat money as required. Fiat-money currency loses value once the government refuses to further guarantee its value. We see this in high inflation rates in this demolishing economic world we currently live in. If the banking systems are more responsible, it will, without a doubt, help solve this problem. Until that happens, payday advance loans will absolutely be a smarter alternative for consumers who need immediate short-term relief and can’t bear to wait on an irresolute central banking system.

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John Paulson saw the obvious that so many of us did not see...how could banks lend money to people that could not pay them back...or lend to companys that were buying other companys at high multiples...with the thought to sell them for more money.... We have chatted numerous times on myinvestorsplace.com about this... but no expected the economy to get this bad...

Andy
www.myinvestorsplace.com