bloomberg.com - 10/10/2008
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U.S. Treasury May Buy Stakes in Banks Within Weeks (Update2) By Robert Schmidt and Rebecca Christie Oct. 9 (Bloomberg) -- The government is planning to buy stakes in a wide range of banks within weeks as the credit freeze increasingly threatens to tip the U.S. economy into a deep recession. ...
cnbc.com - 10/10/2008
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cnbc.com —
As the financial crisis threatens to spiral out
of control, Treasury Secretary Henry Paulson is prepared to...
take extraordinary steps through the extensive authority granted to him under emergency rescue legislation. With the legislation’s main ...
(more)
Radical Measures May Be In The Wings - Financials * US ...
bloomberg.com - 10/11/2008
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bloomberg.com —
Paulson Indicates Need to Purchase Bank Equity `Soon
as We Can' By John Brinsley and Rebecca Christie...
Oct. 11 (Bloomberg) -- U.S. Treasury Secretary Henry Paulson indicated that pumping government funds into banks is a priority and said financial ...
(more)
Paulson Indicates Need to Purchase Bank Equity `Soon as ...
bloomberg.com - 10/10/2008
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bloomberg.com —
Paulson Says Will Buy Bank Equity `Soon as
We Can' (Update3) By John Brinsley and Rebecca Christie...
Oct. 10 (Bloomberg) -- U.S. Treasury Secretary Henry Paulson said the U.S. will buy equity ``as soon as we can'' in banks and other financial ...
(more)
Paulson Says Will Buy Bank Equity `Soon as We Can' ...
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What Just Happened?
SeekingAlpha.com: Home Page —
I've long said that end-of-day market reports are silly, since the only thing reporters can normally say with any confidence is "the market moved and we don't know why." But what we're seeing right now isn't moves so much as fully-fledged earthquakes. Even during a bear market, you don't expect three 700-point down days to come in quick succession like ...
Features of the week
Finance Trends Matter —
A picture of the week just ended, an extraordinary one for US and global markets. After many consecutive days of stock market declines, are we about due for a rebound? Let's take a look around and see if we can't make sense of these markets and our world in our, "Features of the week". 1. Market crash shakes the world - FT in depth look at the crisis. 2. Putting the stock market decline in perspective. 3. What is going on? An explanation for the non-financial person. 4. "I'm Miss World; ...
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Paulson: Will Buy Equity "Soon"
calculatedrisk.blogspot.com 10/11/2008 — From Bloomberg: Paulson Says Will Buy Bank Equity `Soon as We Can' U.S. Treasury Secretary Henry Paulson said the U.S. will buy equity ``as soon as we can'' in banks and other financial institutions to restore market stability and revive economic ...
The Paulson Legacy
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Non-Agency Mortgage Bonds Collapse
globaleconomicanalysis.blogspot.com 10/28/2008 — 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 ...
Deal Journal - WSJ.com : Mean Street: Hank Paulson, National Hero
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Bloomberg Markets Magazine
bloomberg.com 12/19/2008 — The Richest Hedge Funds: John Paulson Strikes Again The man who called the subprime mortgage crisis is back, with four of the top 20 funds -- as his firm's bets against banks pay off big. By Richard Teitelbaum Bloomberg Markets, January 2009 There's ...
To do, not to do
krugman.blogs.nytimes.com 10/8/2008 — Follow the leader
Readers ask what I think should be done about the financial crisis. The answer is, what Gordon Brown in doing in Britain: a bailout, yes, but one that gives the government an ownership stake in the bailed-out institutions. That plus ...
Treasury to Invest in `Healthy' Banks, Kashkari Says (Update3)
bloomberg.com 10/13/2008 — Treasury to Invest in `Healthy' Banks, Kashkari Says (Update3) By Rebecca Christie and Robert Schmidt Oct. 13 (Bloomberg) -- Neel Kashkari , the U.S. Treasury official overseeing the $700 billion rescue of the financial system, said government equity ...
Oh, No!
econlog.econlib.org 10/12/2008 — (October 11, 2008 10:36 PM, by Arnold Kling) The Wall Street Journal reports, The government's plan to buy equity in financial institutions, announced Friday by Treasury Secretary Henry Paulson, is an idea that many academic economists have championed ...
Paulson May Seek Next $350 Billion in Rescue Funds (Update1)
bloomberg.com 12/18/2008 — Dec. 18 (Bloomberg) -- Treasury Secretary Henry Paulson may ask Congress for the second half of the $700 billion bank rescue program, concerned that the deepening recession may spark further financial turmoil. Paulson could soon exhaust the first ...
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