Monday, March 17, 2008

Yukos

Bear Stearns is Yukos, the oil behemoth that was gutted by Putin to his allies. Today, the government allowed BearStearns a painful death, on principle; yet, not allowing the public information in order to accurately value Bear Stearns. Totally reprehensible.

In a capitalistic society this shouldn't of happened. In addition, how does it look for Hank Paulson who was the former head of Goldman Sachs.

Totally unethical.

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