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economistsview.typepad.com - 2/11/2009
"So What is the Plan?"
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Paul Krugman says the Treasury's bailout plan is a bit vague: The Rorschach plan (wonkish, or at least hard to read), by Paul Krugman : An old joke from my younger days: What do you get when you cross a Godfather with a deconstructionist? Someone who makes you an offer you can’t ...
The Treasury's Financial Stability Plan
econbrowser.com - 2/11/2009
The Treasury's Financial Stability Plan
— econbrowser.com — Here's my two cents on the latest two trillion. Treasury Secretary Timothy Geithner began his remarks to... the Senate Banking Committee this morning as follows: To get credit flowing again, to restore confidence in our markets, and restore the ... (more) The Treasury's Financial Stability Plan

Comments vote down SCSUScholars found this 2/11/2009found this
nakedcapitalism.com - 2/11/2009
Geithner Plan Smackdown Wrap
— nakedcapitalism.com — I cannot recall a major US policy initiative being met with as much immediate revulsion as the... so-called Geithner plan. Even the horrific TARP, which showed utter contempt for Congress and the American public was in some ways less troubling. ... (more) Geithner Plan Smackdown Wrap

Comments vote down FT Alphaville found this 2/11/2009found this
Treasury's Geithner To Unveil Plan to Aid Financial System Monday - Politics and Government * US * News * Story
cnbc.com - 2/6/2009
Treasury's Geithner To Unveil Plan to Aid Financial System Monday - Politics and Government * ...
— cnbc.com — Treasury Secretary Timothy Geithner, as expected, will announce on Monday a "comprehensive plan" to stabilize the financial... system. In a noon news conference, Geithner will lay out a "strategy to strengthen our economy by getting credit flowing again ... (more) Treasury's Geithner To Unveil Plan to Aid Financial ...

Comments vote down Calculated Risk found this 2/6/2009found this

Blog Reactions

SCSUScholars:  Vaporware as bank regulatory policy

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Blog Reactions

Vaporware as bank regulatory policy
SCSUScholars — ... and taxpayers must ultimately pay the bill. Either that, or the Fed just covers the bill by printing money for the whole thing.The result is that all we have is vaporware -- a forthcoming multi-trillion-dollar product that has been marketed but not delivered. ("Marketed"? Yes. "...tomorrow my Treasury Secretary, Tim Geithner, will be announcing some very clear and specific plans for how we are going to start loosening up credit once again.")  Mark Thoma: Geithner's attempt at reassurance, that they're not quite sure how the program ...

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The politics of the recession - Gloom offensive
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Plan B
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What’s Plan B?
baselinescenario.com 3/25/2009 — One of the determinants of how you feel about the Geithner Plan is what you think will happen if it fails. By “fails,” I mean that the buyers’ bids are lower than the sellers’ reserve prices, so the toxic assets don’t actually get sold. Brad Delong , for ...
Which Bailout Plan is Best?
economistsview.typepad.com 3/23/2009 — Which plan is best, the original Paulson plan where the government buys bad paper directly, the Geithner plan where the government gives investors loans and absorbs some of the downside risk in order to induce private sector participation, or ...
Dissent on "Which Plan is Best": Why a Second Best Plan May not be Good Enough
economistsview.typepad.com 3/24/2009 — Sachi Mukherjee disagrees with my mild support of the Geithner plan. He's worried that if we let this window of opportunity for reform go by without making major changes - and going with the Geithner plan is, he believes, a step in that ...
"Will the Geithner Plan Work?"
economistsview.typepad.com 3/24/2009 — The question is, "Will the Geithner plan work?" There are responses from Paul Krugman, Brad DeLong, Simon Johnson, and me: How to Tell It’s Working, by Mark Thoma, Room for Debate, NY Times Blogs : A bailout plan must do two things to be ...
Geithner On Backup Plan: This Plan Will Work (video)
youtube.com 3/24/2009 — more at cspan.orgMarch 24, 2009
More on the bank plan
krugman.blogs.nytimes.com 3/21/2009 — Why was I so quick to condemn the Geithner plan? Because it's not new; it's just another version of an idea that keeps coming up and keeps being refuted. It's basically a thinly disguised version of the same plan Henry Paulson announced way back in ...
The New Treasury Plan
gregmankiw.blogspot.com 4/21/2009 — Treasury Department Issues Emergency Recall Of All US Dollars
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Blame It on the Keynesians — The Big Money 2/11/2009
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