Follow WallStreetBlips on Twitter
links for 2009-01-14
Economist's View —
Bernanke on the Fed's balance sheet - Econbrowser
The Crisis and the Policy Response - FRB: Speech--Bernanke
Does monetary policy still work? - Economists’ Forum
A Chinese blog explosion - Andrew Leonard
Banks Are in Need of Even More Bailout Money - NYTimes.com
A Future Consumption Tax to Fix Today’s Economy - Economix
The Case for Small-Government Egalitarianism - Economix
Bernanke's Unconvincing Confidence - Felix Salmon ...
Links 1/14/09
naked capitalism —
... credit thaw; levels still distressed MarketWatch Panic on the campus as graduate jobs disappear Independent Massive Taxpayer Backlash Over Pension Crisis Is Coming Michael Shedlock HSBC may need $30 billion: Morgan Stanley Reuters (hat tip reader Michael). HSBC had been considered one of the better capitalized banks. Yes, We Can Make the Stimulus More Stimulating Dean Baker. Among other things, he wants more holidays! Bernanke on the Fed's balance sheet Jim Hamilton. This is very pointed by his (typically ...
Bernanke Speech - News
Short-Term Trading —
... that the many new loans that the Fed is extending and assets it is purchasing do not pose a significant risk to taxpayers". "Bernanke also addressed the question of what's the exit plan for bringing the Fed's balance sheet back to normal size and safety" "That sounds to me like an exit strategy for how to get out of this if everything works out just right and the problems all go away. And what's the exit strategy if it doesn't work? I suppose more lending facilities". ECONBROWSER
