Do you remember Paulson, Larry? He’s remembered as a chicken and a sleaze, because when the whole system was going down he ran up to New York and told his friends he was going to nationalize Freddie Mac and Fannie Mae, right after he told everyone else he wasn’t going to. So his friends sold their shares while they were still worth something, and everyone else lost big-time. What? Yes, it would have been insider trading if he had had any investments in that stuff himself, but as it was he was just helping his friends. And now that’s all he’s remembered for. All. Nothing else.
