dealbreaker.com - 11/11/2008
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Liddy: "Paulson, take the $60 billion in 5 year L+300 bonds and $40 billion in preferred shares and put them in my account."
Paulson: "You said it was $85 billion in 2 year, L+850 bonds!"
Liddy: "I am altering the deal. Pray I don't alter it any further."
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"A Man With a Briefcase Can Steal More Money than any Man with a Gun"
Angry Bear —
Ken Houghton I would prefer not to talk about AIG, especially since we already have two posts on it today: Robert brilliantly puts it into context, while DOLB goes for blood. But the Gorgeous, Brilliant, and Talented BessNormally-not-this-astute-or-succinct Equity Private posted the perfect summary. And Floyd Norris is on fire as to why this move, with the pathetic, lying excuse for corporate leadership the company now has, makes anyone taking out the perpetrators guilty of nothing more than Justifiable Homicide (not that ...
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