bernankepaulsonLooking back, can we blame Henry Paulson for the lousy economy? Was Bear Stearns allowed to collapse while the Federal Reserve devised a contract with a private bank to take control of Bear Stearns ¬†former assets? And what are his Goldman Sachs connections…Apparently, if AIG had gone bankrupt, Goldman Sachs would have lost around $20 billion due to financial transactions between them. However, G.S.’s benefit from the AIG bailout neared $13 billion!¬† Paulson also bailed out banks doing business with AIG. Can we blame Henry Paulson, Ben Bernanke and the government for the lousy economy by allowing some mega banks to crash?

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