TV News LIES

Saturday, May 31st

Last update01:23:04 AM GMT

You are here News Economy Paulson's Swindle Revealed

Paulson's Swindle Revealed

E-mail Print PDF

The swindle of American taxpayers is proceeding more or less in broad daylight, as the unwitting voters are preoccupied with the national election. Treasury Secretary Hank Paulson agreed to invest $125 billion in the nine largest banks, including $10 billion for Goldman Sachs, his old firm. But, if you look more closely at Paulson's transaction, the taxpayers were taken for a ride--a very expensive ride. They paid $125 billion for bank stock that a private investor could purchase for $62.5 billion. That means half of the public's money was a straight-out gift to Wall Street, for which taxpayers got nothing in return.

More...


Most Recent Related Stories...


Trump says he is doubling tariffs on imported steel to 50% – as it happened

 Trump raises steel tariffs to 50% Donald Trump made a surprise announcement doubling tariffs on imported steel and aluminum from 25% to...

CFTC leaders exit as Trump pick prepares to take helm

cftcIn a series of departures announced in a matter of weeks, the agency’s entire top rung...

Federal Trade Court Blocks Trump From Imposing Sweeping Tariffs Under Emergency Powers Law

Court of Int'l TradeA federal trade court on Wednesday blocked President Donald Trump from imposing sweeping tariffs on imports...

Does Donald Trump Know He Has Lost His Trade War?

loserThe U.S. has already lost Donald Trump’s trade war. It’s now up to the president to...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!