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Bank scams
Jeff Sachs comes down hard on the Geithner plan, and his worries need to be taken seriously. I was starting to come to the conclusion that the plan would simply fizzle - that even though participating players would get a large put along with their free toaster, it wouldn't be enough to raise ...
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PPIP gaming in a nutshell
Interfluidity — ... absorb without the transfers.) The numbers I'm using are for the PPIP whole loan program . The degree of nonrecourse leverage that will be provided by the Fed towards the securities purchase program is as far as I know unspecified. > Some links: There are way too many good links on this issue, but rortybomb's take is my all-time fave. Restricting to the last 24 hours or so, see also Scurvon , Carney , Sachs , Nemo , Krugman , Free Exchange , Felix Salmon , Economics of Contempt , and ...

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