It seems that even Warren Buffett thinks the bailout is a good idea.
``I think the Treasury will pay back the $700 billion and make a considerable amount of money,'' Buffett said, adding that if he had $700 billion on the government's terms to buy distressed assets, he would. ``Unfortunately, I'm tapped out.''
He is now long Goldman at $115 a share. That is quite a vote of confidence but it is all up to Congress now. They hold the fate of trillions of dollars in 401Ks, mortgages, and even car loans.
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