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What to do with GM during bankruptcy

…what they’re worth overall and whether they’re even worth saving ultimately. The US Governement: Big problem, meet C-4 *boom* Now, all you little “problems” need to decide how you’re to…

Bonuses are 10% of bailout

The Guardian reports: Financial workers at Wall Street’s top banks are to receive pay deals worth more than $70bn (£40bn), a substantial proportion of which is expected to be paid…

"Welfare Queen"

by cactus Some thoughts on the bail-out: 1. Goldman’s market cap is about 50 billion. The gubmint is gonna buy $10 billion worth of (non-dilutive, non-voting) shares, for which it…

Ms. Osell Buys Her Dream House

worth what they need to get to cover their outstanding debt, well, that [isn’t good] for them. But I admit I had a moment of “what…were they thinking taking out…

How did Lehman manage that ?

…of date. I think it can be achieved without breaking the laws, such as they are. Lehman could have made their senior debt worth 12 cents on a dollar in…

Toxic Sludge Inc

…they are worth, Paulson will re-capitalize banks and insurance companies. Paulson obviously doesn’t stress the third aspect, and, to the extent that he admits it might happen, would like to…

Why Doesn’t Europe Have Financial Crises ?

…are worth, after the jump. Anyway serious bloggers on banking here are warmly invited to try to answer Drum’s question. First the banks that are failing in the USA are…

Angry Bear Center for School Teachers

…perusal, and a long list of other. Monday, August 11, 2008 Critical Reading of Economics I’ve run across an interesting piece that is worth sharing with you. Whether it’s worth

Should Congress make the Bush Tax Cuts Permanent?

…are now a few months closer to the election, and seeing increasing pressure from Republicans in Congress to make the Bush tax cuts permanent. It’s worth reviewing some of the…

Another challenge issued by ilsm

…general’s faces. The think tanks sold the most expensive, unneeded solution and no one asked if any of it is “worth the taxpayers’ dough” because there was a lot of…