Wednesday, September 24, 2008

Exactly Right

Robert Borosage writes in the Huffington Post:

"The smartest sage on all of this, William Grieder of The Nation, has the best possible fallback position. 'We should make one simple demand: If taxpayer money is used, we want the same deal Buffett got.' (Buffett's deal was preferred stock with 10% annual return and the right to convert to stock if the stock takes off after the bailout. Taxpayers should get the same deal.)"

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