interfluidity.powerblogs.com - 10/2/2008
—
So, you don't want to nationalize all the bad banks, and neither does Megan McCardle. After all, America is not Sweden, we're heterogeneous and fractious and really gosh-darn big....
gregmankiw.blogspot.com - 10/9/2008
—
gregmankiw.blogspot.com —
There is broad agreement among economists that what
the financial system needs is not only an injection...
of liquidity but also a recapitalization. The essence of the current financial crisis is that many firms bet that housing prices would not fall; ...
(more)
How to Recapitalize the Financial System
online.wsj.com - 10/1/2008
—
online.wsj.com —
When the speculative fever finally broke in America's
housing industry and house prices began falling in search...
of equilibrium levels, banks everywhere suffered defaults and subsequent losses on a range of assets. In short order, the housing ...
(more)
We Need to Recapitalize the Banks
Comments
Blog Reactions
Edmund Phelps Advocates Anglicized Swedish Approach for Fixing Financial System
naked capitalism —
... Update 5:30 AM: Steve Waldman offers what he calls a "Semi-Swedish Solution" and unlike Phelps, goes into considerable detail on how it would work. ...
Related Content
We are not close to being Swedish yet
brontecapital.blogspot.com 2/20/2009 — 2 comments: Swedish Lex said... Great post! > I worked 24/7 for a couple of years with the Swedish crisis as a commercial lawyer in Stockholm. Close members of my family were involved in politics/government and contributed to the design what became ...
An alternative solution
krugman.blogs.nytimes.com 10/17/2008 — Pop economics
Recession-Plagued Nation Demands New Bubble To Invest In.
No Tags
Report: UK Government Considering Plan to Recapitalize Banks
calculatedrisk.blogspot.com 10/6/2008 — From the Telegraph: Financial crisis: Government could take shares in high street banks Alistair Darling, the Chancellor, could give the banks billions of pounds in return for shares in an emergency bailout plan to be enacted if the financial crisis ...
The ‘Good Bank’ Solution
blogs.ft.com 1/29/2009 — In its January Global Financial Stability Report Market Update (published January 28, 2009), the IMF has raised their estimate of credit losses from bad assets originated in the US and held by US and European banks to $2.2 trillion (from $1.4 trillion ...
Dean Baker on the Swedish Model
delong.typepad.com 10/1/2008 — The Fabulous Baker Boy writes, somewhere on Josh Marshall's TPM. My one complaint is that if Obama had won then the TARP would not have been "a $700 billion giveaway to Wall Street." Only if McCain had won--and only if McCain's Treasury Secretary was ...
Does Anybody Really Have a Solution?
thewildinvestor.com 3/2/2009 — I was listening to the musing tales of Bobby Jindal the other day, when I realized we spend much of our time listening to people who really don’t want to tell us anything.
Think about it. For roughly the last year the United States was pushing its way through an old fashion high school ...
Dear Hank and Ben: HERE IS THE SOLUTION
clusterstock.com 9/30/2008 — It makes the banks deal with their own problems. If they can't, so be it. Their shareholders and bondholders suffer, but their customers don't. It is eliminates the need for the government to hire fund managers to manage a portfolio of crap assets. It ...