nytimes.com - 12/11/2008
—
A report criticized the administration for a lack of strategy and challenged its reluctance to help reduce foreclosures. >
nakedshorts.typepad.com - 12/15/2008
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nakedshorts.typepad.com —
±$0.00 And it’ll be years before you see
that. In response to all those Madoff investors quoted...
this weekend “waiting to hear how much of their stake is left” and similar. Oh, and anybody who’s taken a redemption directly from Madoff (as opposed ...
(more)
Let me, for a change, be blunt
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links for 2008-12-11
Economist's View —
... Caroline Baum
Destroying Lemons (or at least locking them up in a "Bad Bank") - Nick Rowe
A bonus culture that ruined the City is also ruining Africa - Paul Collier
NYU professor "explains" why foreclosure prevention is failing - Bubble Meter
YouTube Videos Are Pulling in Serious Money - NYTimes.com
Causes: Free Market Ideology - James Kwak
House Questions Spending of Bailout Money - NYTimes.com
Record ...
Jim Rogers: Most Big U.S. Banks Are ‘Bankrupt’
DealBook —
... as an author and private investor. Earlier this week, a report from the Congressional panel overseeing the government’s bailout effort posed a series of questions to the Treasury Department, including one asking whether its rescue strategy — which includes spending hundreds of billions of dollars to buy stakes in financial institutions — was working. For Mr. Rogers, the answer to that question would seem to be “no”:“Governments are making mistakes,” he said Thursday. “They’re saying to all the banks, you don’t have to tell us your situation. You can continue to use your ...
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