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Nouriel Roubini: Paulson Plan is a Disgrace
Inquiring minds are interested in Nouriel Roubini's thoughts on the Paulson Plan. Please consider the RGE Conference Call on the Economic and Financial Outlook..and why the Treasury TARP bailout is flawed . The Treasury plan (even in its current version agreed with Congress) is very poorly ...
Paulson Plan: Will it Work?
calculatedrisk.blogspot.com — The primary goal of the Paulson Plan is to get the banks to lend again - or "unclog the system" as Secretary Paulson put it. Secondary goals are to "protect the taxpayer" and hopefully minimize moral hazard. Will the plan achieve the primary goal? I ... (more) Paulson Plan: Will it Work?
Nouriel Roubini: Paulson Plan is a Disgrace
safehaven.com — The Treasury plan is a disgrace: a bailout of reckless bankers, lenders and investors that provides little direct debt relief to borrowers and financially stressed households and that will come at a very high cost to the US taxpayer. (more) Nouriel Roubini: Paulson Plan is a Disgrace
Paulson Plan vote: but will it work?
capital-chronicle.com — Against: "Thus, the Treasury plan is a disgrace: a bailout of reckless bankers, lenders and investors that provides little direct debt relief to borrowers and financially stressed households and that will come at a very high cost to the US taxpayer. ... (more) Paulson Plan vote: but will it work?
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The Hazard of the Rescue
Manhattan Real Estate: New York City Real Estate Tips — ... be add-ons in the package for homeowners, foreclosures, oversight, transparency, CEO caps, ownership stakes, etc..as demanded by Congress as Senators fear the risk of their jobs for voting on this package. The perception is, this HAS TO HAPPEN. Its a lesser of two evils. Either we do this and things get REAL BAD or we do nothing and things get REALLY REALLY REALLY BAD. Which do we choose? It seems the ultimate ramifications of this package are being put on the back burner for now, as Mish points out, this could very well lead to a rise at the long end of the curve, meaning ...

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