economist.com - 9/28/2008
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No government bail-out of the banking system was ever going to be pretty. This one deserves support
SAVING the world is a thankless task. The only thing beyond dispute in the $700 billion plan of Hank Paulson, the treasury secretary, and Ben Bernanke, chairman of the Federal Reserve, to stem ...
themoneymeltdown.com - 10/2/2008
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themoneymeltdown.com —
Everything you need to know about the global
money crisis of 2007-?....
(more)
The Money Meltdown
krugman.blogs.nytimes.com - 10/2/2008
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krugman.blogs.nytimes.com —
In the end, the US government will rescue
the financial system - not today or tomorrow, maybe...
not Thursday, but soon, and for the rest of our lives, or anyway until the next crisis. But, people ask me, where will we get the money? Won't we have to ...
(more)
Where will the money come from?
acrossthecurve.com - 9/30/2008
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acrossthecurve.com —
I just chatted with my money market mole.
He is always interesting, and in the current environment,...
informative.Today is the last day of the quarter and he notes that some of the pressures emanate from the balance sheet constraint. However, he calls ...
(more)
Money Markets
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The Mess That Greenspan Made —
TOP STORIES Lawmakers Reach Accord On Huge Financial Rescue - Washington Post America's bail-out plan: I want your money - Economist A Memo Found in the Street - Barron's Could the bailout turn a profit for taxpayers? - LA Times Wall Street, R.I.P.: The End of an Era, Even at Goldman - NY Times MARKETS/INVESTING Getting in Touch With Your Investment Angst - Washington Post Short-sale ban disrupts trades for hedge funds -MarketWatch Financial crisis: Hedge funds face recordredemptions - Telegraph Palin's Stand on Mining Initiative Leaves ...
The Economist Magazine Says Taxpayers Should Show Paulson the Money
EconomistMom.com —
... “I Want Your Money” is the cover story in this week’s Economist magazine. The Economist’s position is that yes, $700 billion is an awful lot of money to spend on this financial bailout/rescue, and that taxpayers (and the parents of future taxpayers) have a right to question who is being “saved” here, but that it has to be done: ...
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