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"It’s a mess," said Thorson

Washington Post has an article on bailout oversight. In the six weeks since lawmakers approved the Treasury’s massive bailout of financial firms, the government has poured money into the country’s…

Financial Arsonists ?

…Bad bankers ? Bernanke and Paulson have been arguing that they have to entice banks into agreeing to a bailout. Huh ? Could it be that the banks in question…

Saying It All

…from free-market conservatives to Senator Gary Hart, then a rising Democrat — were making similar arguments three decades ago. Instead, the bailout and import quotas fooled the automakers into thinking…

The Two Sides of AIG

…throat…. A bailout of A.I.G. is really a bailout of its trading partners — which essentially constitutes the entire Western banking system. [edits mine*] By the way, Joe, Yves, citing…