…context of the euro zone. The default option is considered a foregone conclusion, even allowing for the massive 110 billion euro bailout, which was designed to inspire “shock and awe”…

…risk they created and there was no prospect for bailout (another item that needs to be strengthened in the current bill and that the GOP “no” vote makes possible to…

…does that mean that German politicians talking about the inflationary consequences of a Greek bailout are shouting “Fire!” in a flooded theatre? And follows that by telling the truth and…

…bailout”. But it is crap economics. In wingnuttia, prices are entirely elastic in regards to taxes, they just flow through to customers. Yet they are sticky in regards to anything…

…My additions. 18. Banks that are too big to fail know that they are too big to fail and count expected bailout flows as part of their value. They chose…

…to rollover its near-term debt. This “bailout” comes with no specifics as to threshold levels that must be crossed in order to get the central E.U. players to offer support,…

…how to pay later” mentality. Put together with the huge, multiple Bush tax cuts–especially those for big corporations and their owners/managers–and the enormous financial commitment that was required to bailout…

…when Barack Obama has wanted to, he has been relentless and decisive, as he was in September 2008 when he quickly and crucially supported the Wall Street bailout. And just…

by Rebecca Wilder Thoughts on soveriegn debt Today the European Union released a statement about Greece. Absolutely no specifics are given regarding the terms of any Greek bailout, but there…

…bailout is across the news wires. From the WSJ: Germany is considering a plan with its European Union partners to offer Greece and other troubled euro-zone members loan guarantees in…