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I want to get to the impact of the current economic crisis on tech workers, but first a word on U.S. Treasury Secretary Henry Paulsen, who engineered the mammoth $700 federal bailout of Wall Street with your tax dollars. And your kids' future tax dollars, and their kids' future tax dollars. I've heard from a lot of Wall Street wise-guys that Paulsen has misread the problem, and that we, as a country, are giving the federal government way too much power that we'll never get back. Oh, and that there is no guarantee that the bailout will even work. Exhibit …

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Last week, in the middle of the worst stock market meltdown since the 1930's, U.S. Secretary Henry Paulson called on some of the banking industry's leading lights to figure a way out of this mess. Paulsen, with Lloyd Blankfein (Goldman Sachs), John Mack (Morgan Stanley), Vikram Pandit (Citigroup), Jamie Dimon (JP Morgan), and Ken Lewis (Bank of America); came up with a series of steps to fix the U.S.e conomy, both in the short- and long-term. Let's summarize what the group decided to do . . . 

 Immediate Goals:

 > International coordination and cooperation by financial regulators
 > Establish …

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The End.