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tbm.thebigmoney.com - 2/4/2009
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While President Obama's proposal to enact a massive fiscal stimulus package is working its way relatively quickly through Congress, a government plan to get the nation's banks back on their feet seems to have stalled. Some experts believe that the federal government should buy all the "toxic assets" on financial institutions' balance sheets and transfer them to a so-called "bad bank," while others have suggested it would be enough to bail out just four of the country's top-tier banks.
The idea ...
nakedcapitalism.com - 2/4/2009
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nakedcapitalism.com —
Dear God, let's just kiss the US economy
goodbye. It may take a few years before the...
loyalists and permabulls throw in the towel, but the handwriting is on the wall. The Obama Administration, if the Washington Post's latest report is accurate, is ...
(more)
The Bad Bank Assets Proposal: Worse Than You Imagined
nakedcapitalism.com - 2/12/2009
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nakedcapitalism.com —
We are supposed to be impressed with the
speed and scale of government action on the bank...
front. As reported in the New York Times : Nearly 100 federal banking regulators descended on Citigroup in New York on Wednesday morning. Dozens more fanned ...
(more)
Bank Stress Testing: Less Than Meets the Eye
online.wsj.com - 2/4/2009
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online.wsj.com —
GEORGE SOROS The Obama administration should come out
of the gate with a comprehensive economic program that...
has two pillars in addition to a fiscal stimulus package. One would prevent housing prices from overshooting on the downside by making ...
(more)
Soros: Doing Better Than a 'Bad Bank'
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Wednesday links: high water markdowns
Abnormal Returns —
... lead to better portfolio diversification. (SSRN.com)
Just how little can you pay in expenses for a globally diversified ETF portfolio? (IndexUniverse.com)
Modeling the term structure of inflation expectations. (Alea)
The bank rescue plan is coming together. Should it advance in its current form? (WashingtonPost.com also The Big Money, Big Picture, Baseline Scenario ...
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