The Paulson Plan will buy assets cheap, just as all good cons offer easy money to the marks
“Buy this because it is extraordinarily cheap. The owner must sell right now because…” This is the opening line of a thousand confidence games. Stories told by well-dressed, smooth-talking grifters. Like many of those sent out to sell the Paulson Plan (which is not dead, as Congress will certainly reconsider some form of it later this …