Facebook

Twitter

StumbleUpon

Email

topics:

Stocks

vote downundo vote up flag

nytimes.com - 10/10/2008

U.S. Considers Cash Injections Into Banks

—

(Page 2 of 2) One concern about the Treasury’s bailout plan is that it calls for limits on executive pay when capital is directly injected into a bank. The law directs Treasury officials to write compensation standards that would discourage executives from taking “unnecessary and excessive ...

3

online.wsj.com - 10/9/2008

U.S. Treasury Considers Buying Stakes in Banks

— online.wsj.com — [WASHINGTON - OCTOBER 08: Secretary Henry M. Paulson leaves after answering questions during a press conference at... the Treasury Department October 8, 2008 in Washington, DC. During the press conference Paulson commented on the current financial crisis ... (more) U.S. Treasury Considers Buying Stakes in Banks

Stocks

Windstream Communications

Getty Images

Comments vote downundo vote up Abnormal Returns found this 10/9/2008found this

Leave a Comment

QUOTE OF THE DAY (OR YEAR)...
The Capital Spectator — If not the decade, depending on how all this plays out. In any case, Carl Weinberg, chief economist at High Frequency Economics, cuts through the fog and goes right to the heart of the challenge, in a quote from today's New York Times: “The core problem is that the smart people are realizing that the banking system is broken. Nobody knows who is holding the tainted assets, how much they have and how it affects their balance sheets. So nobody is willing to believe that anybody else isn’t insolvent, until it’s proven otherwise.” And until there's some ...

The Heart of the Matter: Why Banking is Broken
SeekingAlpha.com: Home Page — If not the decade, depending on how all this plays out. In any case, Carl Weinberg, chief economist at High Frequency Economics, cuts through the fog and goes right to the heart of the challenge, in a quote from today's New York Times: The core problem is that the smart people are realizing that the banking system is broken. Nobody knows who is holding the tainted assets, how much they have and how it affects their balance sheets. So nobody is willing to believe that anybody else isn’t insolvent, until it’s proven otherwise.