calculatedrisk.blogspot.com - 10/1/2008
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From the WSJ: Revised Bill Lets FDIC Borrow Without Limits The Senate financial market rescue bill would temporarily allow the Federal Deposit Insurance Corp. to borrow unlimited amounts of money from the Treasury Department in connection with the larger government deposit coverage that would ...
clusterstock.com - 10/3/2008
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clusterstock.com —
BailoutBillInTrouble.jpg Update (1:23 p.m.): The bill has the
majority. It will pass. Bailout approved. Update (1:20 p.m.):...
The Republican yes votes have reached 67, meaning that they have successfully convinced more members of their caucus to vote ...
(more)
Bailout Bill At Risk
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Wednesday links: hedge fund haze
Abnormal Returns —
... there won’t be a simple or quick solution.” (Marginal Revolution)
What might happen after the Paulson plan passes? (ClusterStock.com)
Banks need to be recapitalized and deposit insurance limits need to be raised. (All About Alpha)
However, deposit insurance premiums need to be adjusted. (DealBreaker.com also Calculated Risk)
“If we don’t do this bailout, ...
Related Content
An unlimited guarantee requires unlimited access to financing …
blogs.cfr.org 10/13/2008 — Over the weekend, the countries of the G-7 indicated that they would do “whatever it takes” to prevent another Lehman-style bankruptcy. They pledged to “use all available tools to support systemically important financial ...
Bill Seeks to Let FDIC Borrow up to $500 Billion
online.wsj.com 3/6/2009 — DAMIAN PALETTA WASHINGTON -- Senate Banking Committee Chairman Christopher Dodd is moving to allow the Federal Deposit Insurance Corp. to temporarily borrow as much as $500 billion from the Treasury Department. The Connecticut Democrat's effort -- ...
Not a good sign: the Treasury once again can borrow for free
blogs.cfr.org 11/21/2008 — Ok, the Treasury can not borrow for free. Three month Treasury bills, according to Bloomberg, yield something like 2 basis point.
Treasury yields aren’t hard to calculate. But they are still my favorite indicators of the scale of the ...
Why the Bailout Bill Failed
voices.washingtonpost.com 9/29/2008 — So how could a major bill described by the president and both parties' leaders as critical to the well-being of the nation's -- and the world's -- economy go down to defeat? There are no easy answers here, as the House's stunning defeat moments ago of ...
Senate Bill Seeks $500 Billion for FDIC
calculatedriskblog.com 3/18/2009 — From the WSJ: Bill Seeks $500 Billion for FDIC Fund Senate Banking Committee Chairman Christopher Dodd is moving to allow the Federal Deposit Insurance Corp. to temporarily borrow as much as $500 billion from the Treasury Department. ... The FDIC ...
Bailout Bill Allows Banks to Have ZERO Reserves
dailypaul.com 10/2/2008 — http://dailykos.com/story...
"You mean to tell me that each depository institution can maintain zero reserves against its transaction accounts?
You put it right there in writing! Sure you buried it across three bills, but you are now allowing for ...
F.D.I.C. May Borrow Funds From Banks
hf-implode.com 9/22/2009 — " Tired of the government bailing out banks? Get ready for this: officials may soon ask banks to bail out the government."
Get the Latest News on the Bailout Bill
cei.org 9/30/2008 — The nation is not only facing an economic crisis, it's facing a moral and Constitutional crisis. Fears of Wall Street's collapse have Washington politicians fighting for their political lives, and it may cost the United State dearly. Nearly a ...
Times Co. to Borrow Against Building
nytimes.com 12/8/2008 — The New York Times Company plans to borrow up to $225 million against its mid-Manhattan headquarters building, as the company grapples with tighter credit and shrinking profits. >
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