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Invidious comparisons (flag)
meganmcardle.theatlantic.com — Why bail out Wall Street and not GM, demand many people.  Why do we care about bankers and not ordinary folks? I think this misses the point of the financial bailout.  Whether or not it works--and I sure hope it will--I don't think very many people wanted to bail out the financial ...
vote down EconLog: Library of Economics and Liberty found this 11/11/2008
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For Future Reference
EconLog: Library of Economics and Liberty — Megan McArdle writes Money is weird. Finance is weird. There is no other industry that is, first, so tightly coupled, and second, severely affects every other industry in the country. She Is trying to ward off cognitive dissonance over the fact that she opposes bailing out the auto industry and yet supports the financial bailout. In speaking of the former, she comes across as wise. In speaking of the latter she comes across as...considerably less articulate. And yet, since the crisis began, I am not sure that Ben Bernanke and Henry Paulson have articulated anything more ...

Microblog 2008-11-11
Overlawyered — ... Hausfeld Learned of Firing as Chairman From Note on Seat” [Securities Docket] # If transcript “is held face down and shaken, thousands of confusion flakes will drift to the ground like snowflakes” [Lowering the Bar] # Jamie Gorelick, mentioned as possible AG pick, would bring baggage [Althouse] # GM-Chrysler merger = idea that pair of boozers can fix drinking problem by getting married to each other [McArdle] # Tags: arbitration, Michael Hausfeld, preemption ...

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More Bailout Comparisons
www.ritholtz.com 12/3/2008 — Last week’s discussion on the size of the bailout expenditures generated some interesting buzz. A few others picked up on the size, and created a few different ways to depict the amount of money involved. These have been my favorites: > ...
Last week’s discussion on the size of the bailout expenditures generated some interesting buzz. A few others picked up on the size, and created a few different ways to depict the amount of money involved. These have been my favorites: > ...
Bear Market Comparisons, 1929-2009
www.ritholtz.com 2/23/2009 — The chart below is a comparison of the current market to all previous bear markets — including Friday’s new low on the Dow. > click for bigger chart by JP Koning http://www.financialgraphart.com/
The chart below is a comparison of the current market to all previous bear markets — including Friday’s new low on the Dow. > click for bigger chart by JP Koning http://www.financialgraphart.com/
Comparisons to the 1930s: Nonsense and Nitwittery
mjperry.blogspot.com 12/1/2008 — GENESEE COUNTY, Michigan -- To those who lived through the Great Depression -- people now in their 80s and 90s -- today's economic conditions don't come close to rivaling the distress of the Great Depression. "When I see that on the TV, I say to ...
GENESEE COUNTY, Michigan -- To those who lived through the Great Depression -- people now in their 80s and 90s -- today's economic conditions don't come close to rivaling the distress of the Great Depression. "When I see that on the TV, I say to ...