informationarbitrage.com - 9/26/2008
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Needless to say, Messrs. Paulson and Bernanke's $700 billion rescue package has ruffled a few feathers on Wall Street, Main Street, and the Legislative and Executive branches of the U.S. Government. Some say "Do it now or else we'll have financial calamity." Others say "$700 billion to bail out ...
macroblog.typepad.com - 9/25/2008
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macroblog.typepad.com —
A fair amount of the discussion around what
now seems to be an imminent rescue plan to...
settle unsettled financial markets has been focused on a debate as to whether Main Street should pay or Wall Street should pay for the plan. Pimco’s William Gross, ...
(more)
Wall Street worries, Main Street woes
voxeu.org - 9/28/2008
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voxeu.org —
A couple of months ago at lunch with
a respected Fed watcher, I asked, What are the...
odds are that US unemployment will reach 10% before the crisis is over? Zero, he responded, in an admirable display of confidence. Watchers tending to internalise the ...
(more)
From Wall Street to Main Street: Lessons from the Great ...
canadiancapitalist.com - 10/4/2008
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canadiancapitalist.com —
There is a lot of public anger on
the $700 billion dollar bailout that is being proposed...
by the Bush Administration. The typical reaction is why bail out well-paid fat cats on Wall Street, who are responsible for the current mess anyway. While it is ...
(more)
Why Bailout Wall Street?
Comments
Blog Reactions
To Splurge Or Not To Splurge
A VC —
... but I woke up trying to figure out if I am in favor of it. So I'll read (links) and think outloud and hopefully get somewhere.
My friend Tom Evslin, a conservative in the best sense of the word, posted his thoughts titled Just Say No. He argues the splurge is a short term fix and we should invest the capital in long term solutions to our economic problems instead.
My friend Roger Ehrenberg, a wall street guy who made the leap to startups and VC a few years back, thinks we must do something: Bottom line, I think the system would ...
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Main Street > Wall Street
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Main Street vs. Wall Street
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The American, A Magazine of Ideas
american.com 10/5/2008 — Main Street remains suspicious of government plans to buy distressed mortgage assets. Leading politicians and newspaper editorials are struggling to explain how the financial bailout will help Main Street. They see that the challenge is to get the ...
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Wall Street News & Articles on washingtonpost.com
washingtonpost.com 9/15/2008 — Wall Street Articles After America's fury, Wall Street has changed forever (Independent, Ireland) 10/1/2008 12:03:35 AM Taipei shares open higher on Wall St bounce, local ban on short-selling (Forbes) 9/30/2008 11:53:00 PM Slow Rise for a New Era ...
Why Main Street should support this rescue
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How Wall Street Can Bail Itself Out Without Destroying The Dollar
commondreams.org 9/29/2008 — For Grover "Drown Government In The Bathtub" Norquist, this bailout deal will work out very well. At a proposed cost of $4,780 per taxpayer, it'll further the David Stockman strategy of so indebting us that the next president won't have the luxury of ...
Wall Street Really Needs Relief
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2009 will be the nightmare on Main Street
VoxEU.org 11/19/2008 — Nicholas Bloom , 18 November 2008 Every economist is predicting a macabre 2009, but no one knows for sure how bad things will get or who will survive. This column, by comparing the current crisis to uncertainty shocks of the last 40 years, predicts ...