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baselinescenario.com - 11/3/2008
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Over in the real economy, perhaps the biggest story is the impending and highly likely merger of GM and Chrysler, in which GM would swap its 49% stake in GMAC, its consumer finance company, to Cerberus (which owns the other 51%), in exchange for Chrysler, which is currently owned by Cerberus. ...
thenation.com - 10/30/2008
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thenation.com —
The swindle of American taxpayers is proceeding more
or less in broad daylight, as the unwitting voters
are preoccupied with the national election. Treasury Secretary Hank Paulson agreed to invest $125 billion in the nine largest banks, including $10 ...
(more)
Paulson's Swindle Revealed
globaleconomicanalysis.blogspot.com - 10/28/2008
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globaleconomicanalysis.blogspot.com —
Bloomberg is reporting Non-Agency Mortgage Bonds Fall Amid
Selling Concern . Subprime, Alt-A and prime-jumbo mortgage securities
reached or approached record lows this month as forced asset sales contributed to the decline in values. Prices dropped to ...
(more)
Non-Agency Mortgage Bonds Collapse
baselinescenario.com - 11/9/2008
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baselinescenario.com —
With the footsteps of a new Treasury Secretary
audible around the corner, Henry Paulson’s days running the
country are essentially at an end. The best he can do now is delay whatever changes the Obama administration will make. Looking back ...
(more)
The Paulson Legacy
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links for 2008-11-03
Economist's View —
... Everyone’s Watching - James Surowiecki
How smart is the American voter? - Los Angeles Times
No More Economic False Choices - NYTimes.com
Naive faith in Congolese ballot box - Paul Collier
Now they see the benefits of the eurozone - Wolfgang Munchau
Man Versus Machine - Thomas Edsall
Monetization, sterilization: What’s going on? - News N Economics
Should the Government Bail Out the Auto Industry? - The Baseline Scenario ...
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