nytimes.com - 1/4/2009
—
(Page 2 of 3) In its latest push to compel confidence, for instance, the authorities are placing enormous pressure on the Financial Accounting Standards Board to suspend “mark-to-market” accounting. Basically, this means that the banks will not have to account for the actual value of the assets ...
Comments
Blog Reactions
Twenty-First Century Trust-Busting
The Big Picture —
... The last time breaking up a supposedly anti-competitive firm came on the national agenda, the Bush administration decided to let the ball drop. You can argue that the dynamic nature of technology solved the problem of Microsoft’s predatory practices. But then we’ll never know if Gates and Ballmer would be in a better position today if they had been split up by government decree.
What will the Obama administration’s approach be?
Source:
How to Repair a Broken Financial World?
MICHAEL LEWIS and DAVID EINHORN
New ...
Handouts for homeowners
FT Alphaville —
... the crucial element for the financial market outlook, as its form and speed will determine the duration of credit constriction and hence of economic recession. Ultimately, the government response must balance the desire to speed financial repair and aid struggling homeowners with the need to protect taxpayers. A noble cause then. We’d note also, that the issue of the Hope for Homeowners programme was something Michael Lewis and David Einhorn picked up in their New York Times op-ed last week. The programme, meant to aid some 400,000 homeowners in the States in danger of ...
Related Content
Op-Ed Contributors - No More Economic False Choices
nytimes.com 11/3/2008 — AS economists and policy advisers try to sort out where we are, how we got here and where we must go for both the short term and the longer term, we are surrounded by polarizing dichotomies: Fiscal recklessness versus fiscal rectitude; capital versus ...
Op-Ed Contributors - Matters of Principal
nytimes.com 3/5/2009 — TO stanch the hemorrhage of foreclosures, we don’t need another bailout. What we need is a fix and the wisdom to see what is in our own self-interest. An avalanche of foreclosures is coming as many as eight million in the next several years. The ...
Op-Ed Contributors: Off With the Bankers
nytimes.com 3/20/2009 — The Asian financial crisis offers lessons to solving our own — when insiders have broken a financial institution, the most direct remedy is to kick them out. >
Op-Ed Contributors - The Economy Is Still at the Brink
nytimes.com 6/7/2009 — WHETHER at a fund-raising dinner for wealthy supporters in Beverly Hills, or at an Air Force base in Nevada, or at Charlie Rose’s table in New York City, President Obama is conducting an all-out campaign to try to make us feel a whole lot better about ...
Op-Ed Contributors - A Public Option That Works
nytimes.com 8/23/2009 — TWO burning questions are at the center of America’s health care debate. First, should employers be required to pay for their employees’ health insurance? And second, should there be a “public option” that competes with private insurance? Answers ...
Op-Ed Columnist - Fannie, Freddie and You - Op-Ed
nytimes.com 10/2/2008 — And now we’ve reached the next stage of our seemingly never-ending financial crisis. This time Fannie Mae and Freddie Mac are in the headlines, with dire warnings of imminent collapse. How worried should we be? Well, I’m going to take a contrarian ...
Thinking of credit repair? Think twice
bluntmoney.com 11/7/2008 — The company wants you to pay for credit repair services before they provide any services. Under the Credit Repair Organizations Act, credit repair companies cannot require you to pay until they have completed the services they have promised. The ...
Op-Ed Contributors: Rated F for Failure
nytimes.com 3/16/2009 — Why, more than a year into the global financial crisis, do regulators and investors continue to rely on ratings? No one has been more wrong than Moody’s and S.&P.; >
Follow WallStreetBlips on Twitter
