gregmankiw.blogspot.com - 4/21/2009
—
Treasury Department Issues Emergency Recall Of All US Dollars
financialstability.gov - 4/15/2009
—
financialstability.gov —
What is EESA? The Emergency Economic Stabilization Act
of 2008 (EESA) was signed into law on October...
3, 2008, during a time of tremendous financial upheaval and economic uncertainty. The Troubled Assets Relief Program (TARP) was established under the ...
(more)
U.S. Department of the Treasury
dailybail.com - 4/21/2009
—
dailybail.com —
Treasury Department Issues Emergency Recall Of All US
Dollars. A quick dose of genius financial satire from...
the Onion (1:44). "The die poisoning causes your internal organs to rot from within until you puke up your guts and die. I said no questions. There really is no time to think about ...
(more)
Bailout Comedy: Treasury Department Issues Emergency ...
Comments
Blog Reactions
Links
self-evident —
Between recent traveling and doing actual, you know, work… I have not had much time for blogging lately. Just remember: Never trust any blogger who a) posts frequently or b) makes predictions.
Ever wonder how state pension funds pick their investment vehicles? Bribery, of course.
Outsourcing on the rise (via Mankiw).
Treasury Department Issues Recall (Mankiw again).
Mankiw is on a roll lately with the fun links… Check out this quick quiz for econ students. I scored 16/18, including missing the ...
Related Content
Treasury Secretary Timothy F. Geithner | Toxic Asset Plan
richard-wilson.blogspot.com 3/23/2009 — Timothy F. Geithner Treasury Secretary Timothy F. Geithner I believe that the Obama administration may have a hard time attracting many hedge fund and private equity groups in supporting Timothy Geithner's plan on cleaning up toxic bank assets. Since Obama has taken office the US ...
Treasury Releases Details of Toxic Asset Plan
hf-implode.com 3/23/2009 — " As expected, the U.S. Treasury released details Monday morning before market open of the latest approach to clear toxic loans and securities off of bank’s balance sheets. Saying that “the financial system is still working against economic recovery,” the Treasury said it will earmark up to $100 ...
U.S. Treasury Department - The New York Times
topics.nytimes.com 3/9/2009 — The Treasury Department traces its history back to the tumult of the opening days of the Revolutionary War, when a cash-strapped Continental Congress decided in 1775 to issue paper money backed by nothing more than the promise of eventual repayment ...
Some Praise and Questions for the US Treasury
alephblog.com 10/28/2009 — 1) Perhaps the US Treasury is getting a few things right. Let’s start with lengthening the average maturity of Treasury debt. I have backed this idea in the past . It is worthy to note that zero coupon yields peak out around 20 years out, and then start declining. It is quite possible ...
US Treasury plans record debt sale
ftalphaville.ft.com 2/9/2009 — The US Treasury on Wednesday opened the floodgates of government bond issuance, revealing plans for a record debt sale in February and more frequent auctions in coming months. The announcement came amid growing fears about US government deficits and ...
Legacy Asset Program
financialstability.gov 7/8/2009 — FOR IMMEDIATE RELEASE: July 8, 2009 CONTACT: Treasury Public Affairs (202) 622-2960 JOINT STATEMENT BY SECRETARY OF THE TREASURY TIMOTHY F. GEITHNER, CHAIRMAN OF THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM BEN S. BERNANKE, AND CHAIRMAN OF THE ...
Treasury rewards waiting
blogs.ft.com 3/24/2009 — By Christopher D. Carroll
Maybe it was worth the wait.
Judging from preliminary details, the US Treasury’s plan to rescue the financial system is a lot savvier about the relationship between financial markets and the macroeconomy than are the ...
US Treasury holdings: Japan vs China
japanjapan.blogspot.com 4/13/2009 — This is based on data from the Treasury Department on Major Foreign Holders of U.S. Treasury Securities. The chart below(click to enlarge) through January 2009 shows that China passed Japan in official holdings in September 2008. Now we know from Brad Setser's analyses that there is ...
Treasury Market Update
acrossthecurve.com 4/23/2009 — Treasury bonds are taking a severe drubbing and the yield on the benchmark 10 year note is approximately at the level which prevailed on the day when the Federal Reserve announced quantitative ease (2.96 percent currently).
One participant noted ...
Wayzata Donates To the Tarp-o-Meter —
The Big Money 4/21/2009
UPDATE (April 21, 2009): Yesterday morning, the TCF Financial Corporation ( TCB ) of Wayzata, Minnesota was cleared by the Treasury to return $362 million in TARP money . That's double down on funds repaid, and bumps the pool up to a little more ...
What Happens to Returned TARP Money? —
The Big Money 4/22/2009
Slate's Christopher Beam explains what happens to TARP money when it's returned to the Treasury. The short answer is that it stays in the TARP lending pool:
Funneling dollars back into the TARP, rather than putting them in the Treasury's general ...
Bank capital: Test of nerves —
The Economist: Full print edition 4/23/2009
Americans fret about bank stress tests. Europeans keep their eyes wide shut NERVES are fraying ahead of the Treasury’s stress tests of American banks. On April 20th a leak of the results, claiming most banks were insolvent, terrified traders ...