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Sympathy for the Treasury
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 into the financial system (although what ...
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
Accrued Interest: Financial Regulation: How would you have it work?
accruedint.blogspot.com — Yesterday myself and several other financial bloggers got the chance to meet with several senior Treasury officials, including the Secretary himself. It was a fascinating experience and I have to admit, it was just plain cool to be within the bowels ... (more) Accrued Interest: Financial Regulation: How would you ...
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Links 11/5/09
naked capitalism — ... Sympathy for the Treasury Steve Waldman. The most comprehensive write-up of the meeting some bloggers had at the Treasury, and it is quite accurate, both from a content and as he put it, an anthropological standpoint. Also contains links to the other posts from participants. ...

Interfluidity and the Treasury/Bloggers
Across the Curve — Steve Waldman writes the Interfluidity blog and attended the meeting between the Treasury 8 and senior Treasury officials on Monday. I think he is a gifted writer and urge you to read his account of the proceedings.

Finacial blogger impressions
Angry Bear — ... Steve Waldman at Interfluidity has written an impression of The financial blogger meeting with senior Treasury officials of last Monday. He also provides links to other main posts by those who attended. It is worth a visit. ...

Thursday links: the carry trade
Abnormal Returns — ... Bloggers “mouth off.” Senior Treasury officials listen.  (Interfluidity) ...

My Visit to the US Treasury, Part 3
The Aleph Blog — ... The Aleph Blog: “My Visit to the US Treasury, Part 1″ “My Visit to the US Treasury, Part 2″ Across the Curve: “Bond Market Open November 04 2009″ Accrued Interest: “Financial Regulation: How Would You Have It Work?” Michael Panzner Treasury Officials Meet With Financial Bloggers A Few Observations of My Own Interfluidity Sympathy for the Treasury That’s all for now.  Until this evening and part 4. ...

Assorted links
Marginal Revolution — ... , and here: "We were offered a tray of cookies at the meeting, from which I abstained on principle. Those of you who think that's silly have no idea how much I like cookies." ...

‘I Have Been Corrupted, A Little’: How Spin-Resistant Are Economics Bloggers?
Institutional Economics — ... thought about the briefing: It wasn’t obvious what the objective of the meeting was (aside the obvious idea that if they were nice to us we might reciprocate. Unfortunately, some of us are not housebroken). And Steve Waldman : The second thing I’d like to discuss is corruption. Not, I hasten to add, the corruption of senior Treasury officials, but my own. As a slime mold with a cable modem, it was very flattering to be invited to a meeting at the US Treasury. A tour guide came through with two visitors before the meeting began, and chattily announced that the table I was ...

Two Links
EconLog: Library of Economics and Liberty — ... he is saying that stories have an advantage in that they serve as a filter for viewing the world, making them very economical in terms of memory and understanding. However, they have a disadvantage in that they serve as a filter for viewing the world, which means that they filter out information that might help us see reality with fewer biases. But watch it yourself. It's funny and insightful, and well worth your time. On a completely different note, also worth your time is Steven Randy Waldman's account of a meeting between bloggers and Treasury officials. Tyler is a ...

Impressions from Treasury
Marginal Revolution — 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 than hallway conversations; this is a speculation and perhaps some reader can confirm or deny it. 3. The quality of the painted portraits of Treasury Secretaries declines as time passes. 4. The free cookies were good and fresh, with a warm, fluid chocolate interior.  There was water to drink, but no ...

Treasury and the Blogs
The Baseline Scenario — ... 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 accounts. This is Smith’s sum-up: “[T]hese guys are very smooth, very smart, and seemed quite sincere, which made it difficult to discern how much they really did believe and how much of what they said they had to say because they ...

Tens of Billions Lost
Institutional Economics — ... thought about the briefing: It wasn’t obvious what the objective of the meeting was (aside the obvious idea that if they were nice to us we might reciprocate. Unfortunately, some of us are not housebroken). And Steve Waldman : The second thing I’d like to discuss is corruption. Not, I hasten to add, the corruption of senior Treasury officials, but my own. As a slime mold with a cable modem, it was very flattering to be invited to a meeting at the US Treasury. A tour guide came through with two visitors before the meeting began, and chattily announced that the table I was ...

links for 2009-11-09
J. Bradford DeLong's Grasping Reality with All Eight Tentacles — ... FrumForum: A Note to Readers Steve Waldmann: Sympathy for the Treasury Cosma Shalizi: The Shadow Price of Power ...

Nouriel Roubini versus the Dow
Institutional Economics — ... thought about the briefing: It wasn’t obvious what the objective of the meeting was (aside the obvious idea that if they were nice to us we might reciprocate. Unfortunately, some of us are not housebroken). And Steve Waldman : The second thing I’d like to discuss is corruption. Not, I hasten to add, the corruption of senior Treasury officials, but my own. As a slime mold with a cable modem, it was very flattering to be invited to a meeting at the US Treasury. A tour guide came through with two visitors before the meeting began, and chattily announced that the table I was ...

Capital Gains Tax Myths and Realities
Institutional Economics — ... thought about the briefing: It wasn’t obvious what the objective of the meeting was (aside the obvious idea that if they were nice to us we might reciprocate. Unfortunately, some of us are not housebroken). And Steve Waldman : The second thing I’d like to discuss is corruption. Not, I hasten to add, the corruption of senior Treasury officials, but my own. As a slime mold with a cable modem, it was very flattering to be invited to a meeting at the US Treasury. A tour guide came through with two visitors before the meeting began, and chattily announced that the table I was ...

Gold Price a Stock Rather than a Flow Equilibrium
Institutional Economics — ... thought about the briefing: It wasn’t obvious what the objective of the meeting was (aside the obvious idea that if they were nice to us we might reciprocate. Unfortunately, some of us are not housebroken). And Steve Waldman : The second thing I’d like to discuss is corruption. Not, I hasten to add, the corruption of senior Treasury officials, but my own. As a slime mold with a cable modem, it was very flattering to be invited to a meeting at the US Treasury. A tour guide came through with two visitors before the meeting began, and chattily announced that the table I was ...

The End of Inflation Targeting?
Institutional Economics — ... thought about the briefing: It wasn’t obvious what the objective of the meeting was (aside the obvious idea that if they were nice to us we might reciprocate. Unfortunately, some of us are not housebroken). And Steve Waldman : The second thing I’d like to discuss is corruption. Not, I hasten to add, the corruption of senior Treasury officials, but my own. As a slime mold with a cable modem, it was very flattering to be invited to a meeting at the US Treasury. A tour guide came through with two visitors before the meeting began, and chattily announced that the table I was ...

NZ Labour Loses its Way on Inflation
Institutional Economics — ... thought about the briefing: It wasn’t obvious what the objective of the meeting was (aside the obvious idea that if they were nice to us we might reciprocate. Unfortunately, some of us are not housebroken). And Steve Waldman : The second thing I’d like to discuss is corruption. Not, I hasten to add, the corruption of senior Treasury officials, but my own. As a slime mold with a cable modem, it was very flattering to be invited to a meeting at the US Treasury. A tour guide came through with two visitors before the meeting began, and chattily announced that the table I was ...

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