Submit a Story!
My Visit to the US Treasury, Part 3
Going back to bank stress-testing for a moment, one interesting thing that a Treasury official said at the meeting was that unemployment did not have a big effect on foreclosures. Unemployment has a big effect on credit card defaults, but not foreclosures. I disagree. As a multi-purpose ...
Sympathy for the Treasury
interfluidity.com — It worked! Officials pointed to a lot of good news in terms of visible cash flows associated... with TARP and the various assistance programs. They claimed that since the Obama administration has taken office, more money has come back than has been put ... (more) Sympathy for the Treasury
Curious Meeting at Treasury Department
nakedcapitalism.com — The Treasury invited a small group of bloggers for a “discussion” with senior officials on Monday. Initially,... the meeting was to be background, which is a sort of journalistic “FYI but you can’t use it” but we were told ... (more) Curious Meeting at Treasury Department
Treasury and the Blogs
baselinescenario.com — On Monday the Treasury Department (various officials, including Geithner, in shifts) had an informal meeting with eight... prominent finance or economics bloggers. I’ve only read the accounts by Tyler Cowen , Steve Waldman , and Yves Smith ; Waldman names all of them and links to other ... (more) Treasury and the Blogs
Comments
Blog Reactions

Friday links: the risk trade
Abnormal Returns — ... Which bloggers were invited to the sit down with Treasury officials?  (Aleph Blog, ...

Related Content
My Visit to the US Treasury, Part 6
alephblog.com 18 days ago — Now, none of us knew when we came that only bloggers were invited. Personally, I expected it to be a broader press briefing that some bloggers could come to as well. “Deep background” is well understood to the press, but new to bloggers. My blogging friends at the meeting can ...
My Visit to the US Treasury, Part 7 (Final)
alephblog.com 16 days ago — Things have been busy for me, so this final part should be short. What did I learn that I did not already know? Not much, except: The Treasury wants to convince the public that it is doing its best, but that Congress is a slave to the Financial Services industries. When asked about the ...
My Visit to the US Treasury, Part 4
alephblog.com 20 days ago — So, who did I recommend for the next meeting at the Treasury? (I think there will be one.) Economists View http://economistsview.typepad.com/ Cafe Americain http://jessescrossroadscafe.blogspot.com/ Market-Ticker http://market-ticker.denninger.net/ Econbrowser http://www.econbrowser.com/ ...
Treasury is right to go long
blogs.reuters.com 29 days ago — Timothy Geithner wants to lock in low rates for the government while he can, extending the maturity of Treasury debt to 72 months from 49, a 26-year low. It’s a smart move — if he can pull it off. To do so, he’ll have to ...
An Introduction to Treasury Auctions
vixandmore.blogspot.com 8/26/2009 — It remains to be seen whether the growing U.S. Department of the Treasury auctions will be a relatively quiet sideshow or eventually take the center stage in the ongoing financial crisis. As the number of potential disaster scenarios continues to shrink, one subject that I see receive ...
Option Pricing for Beginners
baselinescenario.com 5/23/2009 — For a complete list of Beginners articles, see Financial Crisis for Beginners . I’ve had two posts so far on the terms under which Treasury sold back to Old National the warrants on Old National stock that Treasury got in exchange for its TARP investment, so I thought it was time for ...
Bond Market Open November
acrossthecurve.com 21 days ago — Prices of Treasury coupon securities have posted modest losses in overseas trading. I do not see a strong impetus in the news for the small declines in Treasury prices. Stocks around the globe are trading well with robust gains in Europe and healthy ...
The bubble in TBT
accruedint.blogspot.com 2/13/2009 — Just a few weeks ago, a number of commentators were calling the Treasury bond market a bubble . The 10-year Treasury had fallen to nearly 2.00%, and the 30-year bond had fallen to 2.50%. But since that time, the 30-year Treasury has risen by 100bps, ...
No Way Out: Treasury And The Price Of TARP Warrants
baselinescenario.com 6/29/2009 — Buried in the late wire news on Friday – and therefore barely registering in the newspapers over the weekend – Treasury announced the rules for pricing its option to buy shares in banks that participated in TARP. The Treasury Department said the banks will make the first offer ...
Impressions from Treasury
marginalrevolution.com 20 days ago — I will enumerate a few (you can trace other accounts here ): 1. Tim Geithner is very smart and he was conceptually stronger than one might have expected. 2. I believe that the long, L-shaped hallways encourage "visits to offices" rather ...