Andy Kessler: WSJ: Clean Up Print

Andy Kessler: WSJ: Clean Up Print

Taking the “pro” side of the bailout argument, Andy Kessler believes that Henry Paulson may be pulling off “the mother of all trades.” Andy calculates this move could net over a trillion dollars for the US Treasury.

I’ve mentioned before that Andy’s about as smart as they come, and that I’m a big fan of his unique way of analyzing the world, beyond financial markets. Seeing him take the other side of the ledger on this move does give me pause – we’ll need to make sure we are diligent in constantly rechecking our assumptions here.

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