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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….

A Brief Review of Econned

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…

Another View of the Data

…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…

The sanctity of contracts…at your convenience

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…

Elizabeth Warren says sack CEOs?

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…