Monday, December 03, 2007

And The Other Shoe

I must've missed this in his speech - was only half paying attention - CNBC:

We hear this plan coming out from Treasury Secretary Hank Paulson, trying to broaden the tax-exempt bond status for more mortgage related securities. What's your take on this? Mark [co-host] and I are debating how this all eventually goes back to the taxpayer.

And the bailout of Big Shitpile begins.