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macroblog.typepad.com - 9/25/2008

Wall Street worries, Main Street woes

— macroblog.typepad.com — A fair amount of the discussion around what now seems to be an imminent rescue plan to... settle unsettled financial markets has been focused on a debate as to whether Main Street should pay or Wall Street should pay for the plan. Pimco’s William Gross, ... (more) Wall Street worries, Main Street woes

Comments vote downundo vote up The Bonddad Blog found this 9/25/2008found this

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american.com - 10/5/2008

Main Street vs. Wall Street — The American, A Magazine of Ideas

— american.com — Main Street remains suspicious of government plans to buy distressed mortgage assets. Leading politicians and newspaper editorials... are struggling to explain how the financial bailout will help Main Street. They see that the challenge is to get the ... (more) Main Street vs. Wall Street —  ...

Comments vote downundo vote up Stefan Karlsson's blog found this 10/5/2008found this

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livescience.com - 10/3/2008

Animal Instincts: Main Street Seeks Revenge on Wall Street

— livescience.com — The outrage expressed by many so-called Main Street folks over the proposed Wall Street bailout is based... on more than a sense of injustice. It's about revenge, a basic animal instinct shared by humans, chimpanzees and even blue-footed boobies. And ... (more) Animal Instincts: Main Street Seeks Revenge on Wall Street

Comments vote downundo vote up The Mess That Greenspan Made found this 10/3/2008found this

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Wednesday links: hedge fund haze
Abnormal Returns — ... “If we don’t do this bailout, Main Street will pay anyway, and pay much more dearly.”  (Accrued Interest) ...

A Letter to Bedford Falls
The Epicurean Dealmaker — ... —who try to explain the importance of what is happening in plain English in a reasoned, informative way, often end up sounding as alarmist as the wingnuts, and hence lose some of their own credibility. AI, for instance, does a very creditable job of explaining the importance and centrality of banks and other financial institutions to the everyday functioning of the real economy, and the critical role that credit plays in the everyday lives of you and other citizens. But then, in an apparent effort to keep things simple (for the "simple folk?"), he stumbles into this: ...