Myths Wallstreet lives by?
…minute 17 to listen to the jist of some Wallstreet laments from several regular traders about the bailout and how it is framed: Bailout blues??? Shame? Nah…just smarter than most….
…minute 17 to listen to the jist of some Wallstreet laments from several regular traders about the bailout and how it is framed: Bailout blues??? Shame? Nah…just smarter than most….
…default is increasingly being priced into bond markets; however, Irish bond market conditions have not yet reached those of Greece in May 2010 (the bailout announcement), nor are they really…
…Bailout Nation, another book worth reading. The difference is, Ritholtz’ language is a bit more colorful, and Bailout Nation is the story of a bunch of crooks and idiots and…
…trough for TARP direct funding (the AIG bailout, etc going directly into Goldman and JPMorgan Chase’s pockets) and implicit guarantees resulting in very cheap cost-of-funds permitting Goldman et al to…
…and corollary impacts, are profoundly different. Robert Reich, labor secretary under Bill Clinton, looks at the bank bailouts and the banks’ failures to modify principal amounts on mortgage loans and…
…They didn’t. They had garbage on their balance sheet. And the bailout was to make sure that they didn’t suffer multi $10 billion write-downs on that AIG-supported loan. PAUL SOLMAN:…
…as more and more flower shops cut staff in the face of slack demand and unavailable credit. If the bank bailout was to bailout the banks—defibrillating them to kick-start the…
…banks continue without restructuring, aiding them with more US dollars on the line, and doing it in a way that allows big aid recipients in the bailout (like GE) to…
rdan Michael Perelman reminds us of the propaganda involved in selling the way the bailout is happening. Brenda Rosser said in comments… This article appears to be thinly-disguised propaganda. An…
rdan (hat tip vtcodger) The Guardian reports that Elizabeth Warren will be recommending startling actions. Any confirmation? Elizabeth Warren, chief watchdog of America’s $700bn (£472bn) bank bailout plan, will this…