MICHAEL HUDSON writes that:
>  Anticipating
> congressional capitulation in this license to engage in predatory credit,
> the latest Sunday evening surprise is that Treasury Secretary Henry
> Paulson's own firm, Morgan Stanley, is to become bank holding company
> picking up the financial wreckage now that the government is covering the
> bad loans and investment gambles Wall Street has made.

US NPR (via Daniel Gross) reported that Paulson was with Goldman
Sachs, not Morgan. Which is it?
-- 
Jim Devine / "Nobody told me there'd be days like these / Strange days
indeed -- most peculiar, mama." -- JL.
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