Can someone answer a question for me.......

[Postman]

If the latest financial disaster is about bad mortgage debt threatening the collapse or near collapse of the system, why are Goldman Sachs and Morgan Stanley, INVESTMENT HOUSES, in the queue for this 700 Billion Dollar "bail-out" ?

Were these homeowners who got these "bad mortgages" going to INVESTMENT HOUSES to get their mortgages?

[Eric J in MN]

1. No, some investment banks have "mortage-related assets"...

...not actual mortgages.

It's like a bet that someone will pay his mortgage.

[Postman]

2. Thanks.

You know, the average American doesn't know what it is they are talking about which makes it easy for them to manipulate the truth...

[Eric J in MN]

3. If this bill passes, the US government will pay billions...

...for pieces of paper betting that someone will pay his mortgage.

Hence, the phrase "cash for trash."

I'm against the bailout bill.

[sam sarrha]

4. they are Friends of Paulsen.. and he probably still has his 1/2 billion bonus in Morgan Stanley,

unfortunately Paulsen had a feud with the CEO of Lehman Brothers and he let them crash and totally burn just to get even, cause he could

this is total CONFLICT OF INTEREST and Paulsen should have no involvement in the bail out what-so-ever