'Huge Game Changer': What Happens to Wall Street Banks Now

Now that we have sent our country well on the way to hyperinflation. Now this yoyo wants us saddled with yet more toxic paper.

Paulson is just trying to save his $600 million equity stake in "baby" goldman to not loose value. I bet he is happy to see all the other brokers go out of business.

Greed Greed Greed

You don't seem to remember or are too young to know that the Democrats opened up the spigot for bad mortgages in the name of "fairness" and gave us all the bad paper

You don't seem to remember or are too young to know that the Democrats opened up the spigot for bad mortgages in the name of "fairness" and gave us all the bad paper

If the markets weren't so corrupt and manipulated, they'd be no reason to stop short selling. It's a legitimate option. However, banker/Wall Street crooks are convinced they'd never be investigated and arrested for gaming the system.

It amazed me how people always want to blame the republicans. The clinton administration and rubin are responsible for the overturn of Glass-Steagall -- given the green light for the creation of citigroup! I was so against having rubin being treasurer.

I think this whole thing started with democrat Lyndon Johnson. He sold both fannie mae and freddie mac to pay for the vietnam war. Its too bad that the companies couldn't make a go of it. Get your facts straight and let George W. alone

Temporary ban on short selling??? How is this a free market economy? It seems to me if your not allowed to short, you are artificially propping up the markets. We constantly avoid a crash through government intervention but we are just prolonging the inevitable.

If the markets weren't so corrupt and manipulated, they'd be no reason to stop short selling. It's a legitimate option. However, banker/Wall Street crooks are convinced they'd never be investigated and arrested for gaming the system.

Can anybody vote republican after this....?

The toilet has been clogged for many years now. Todays news just unclogged the toilet and we are all being flushed into the sewer system!

I agree with all you folks,aside of devaluating the dollar, China will eventually take over banks and we'll see names like Shanghai City Bank aside that China was considering to convert it's reserves into euros I bet they will do as soon as they are ready to bail our overflowing of $$.

Oh WOW what a surprise for Goldman it all turned out in the end...here is a good point for all those critics of the bonuses those guys get paid, they seem to have this uncanny, lets say.. "second sight" to see this stuff, how DO they do it! wow these guys deserve to be paid more! What a great team you have there in the USA you must have Great institutions insuring your prosperity well into the future! Every American must feel pride.

Just remember, true power is obtained thru the barrel of a gun.

Well, well, well. The New World Order is coming into full effect. This is the same thing the "bankers" did just before the Depression to take control of the markets. When will we wake up and take back out country!? The Fed. Reserve is run by bankers! Not the Gov't. Wake up America!!!!!!!

Bullshit. You conveniently forget that the Republicans opposed any type of regulation of the banking industry that would have prevented the types of predatory lending that led to people getting loans who had no business getting loans. Save your 'blame liberals' horseshit for the zombies who vote GOP.

It looks like someone's grandchildren will be paying for this one.

NOVEMEMBER IS THE TIME FOR THE SILENT AMERICANS TO VOTE OUT ALL SENATORS AND CONGRESSMAN WHO HAVE BEEN IN OFFICE OVER TWO TERMS. THESE ARE THE PEOPLE WHO HAVE BEEN PROTECTING CROOKS. NOW IS THE TIME FOR TERM LIMITS. THE THIEFS HAVE RUN RAMPID FOR TOO MANY YEARS. THE MORE YOU STEAL THE BETTER THE RETIREMENT PACKAGE. ENOUGH IS ENOUGH WILL ANY WEALTHY CROOK GO TO JAIL NO NO THEY END UP IN BRAZIL WITH KENNETH LAY ENJOYING THE GOOD LIFE AFTER FAKING DEATH.

Alfred F- tell that to the dead Army troops, I'm sure they will feel better... :(