Ms Warren, a professor from Harvard, a member of the independent Tarp oversight committe just said on Bloomberg TV that Paulson told the American people that the financial injection into banks was on an even dollar to dollar exchange basis with our receiving the equivalent in stock and warrants. Following the committee's investigation, Ms. Warren stated that the American people only took 66 cents for each dollar bailout extended to the banks.
So, the American people gave the banks a free gift of one dollar for each three entended to them. I call this a crime, Mr Hank Paulson. I advised my Congresswoman to watch Paulson carefully way before any of this happened. What good are your elected officials when they don't listen to their constituents or think they have all the answers? It is my feeling that it is time for recall of many of our elected government representatives for giving the banks a free lunch when they put us all into this horrible unprecedented mess and created hardship for many families.