…stonewalling of bailout oversight and others (e.g. Dean Baker) point out that Ben Bernanke who put the Fed throttles to the firewall to save the world is also the Ben…

…like AIG,” referring to the international insurance giant who got $173 billion since last fall in a U.S. government bailout. Mr. Brown should not worry about that. AIG’s creditors (e.g.,…

…sales”, and then ended up letting the houses deteriorate and selling them for much less in foreclosure sales. Made worse when we watched the bailout drama unfold, with investment banks…

…effect of the stimulus has been in stabilizing education, which reaps long-term benefits, as conservative economist Ed Glaeser noted last month. But that’s the stimulus. The bailout money, well, that’s…

…had never forgiven Drexel for its role in the Unocal deal, and would not even consider signing off on a bailout. Accordingly, he, the SEC, the NYSE and the Fed…

…indispensable than others because they are too interconnected to fail. It’s the large concentration of derivative contracts at a troubled bank like Citigroup that made a big bailout necessary. So…

…of it was at the expense of the US Treasury in the lates bailout. I think the key fact is that investment banks have divisions which are very like casinos…

…a bailout instead.” — John Cochrane 2007 via Matt Yglesias Now I don’t plan to obsess about Prof Cochrane, but he does express a widespread view very briefly and clearly…

…In short order, many states changed their rules to undercut basic protections. For example, the consumer finance industry succeeded in rewriting state interest rate regulation to allow for massive increases…

by cactus Since I just had a post on Bailout Nation, the book Barry Ritholtz co-wrote with Aaron Task, I figured, why not have another post about Ritholtz. See, something…