Quote:
Originally Posted by PrincessPerky
err, not spend all approved? does the govt know how to not spend every penny?
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I know, hard to believe eh? But believe it or not, yes. Paulson was a former CEO of Goldman Sachs. And the fact that the bailout plan was shot down obviously suggests that even if a future incarnation of it was approved, his panel's every move would be intensely scrutinized.
And yes, it is possible for Paulson to selectively "water down" neighboring houses. His panel would have the power to select who gets bailout money and who doesn't.