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portfolio.com - 10/8/2008
Will $700 Billion Be Enough?
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I'm glad to see while I was away on vacation that not only did economists come to an agreement on a proper bailout plan, but also that a plan did get signed into law. It's just too bad that the two weren't quite one and the same. As Alex Tabarrok of Marginal Revolution wrote last Friday, the ...
"Are Central Banks Making Libor WORSE?"
nakedcapitalism.com - 10/12/2008
"Are Central Banks Making Libor WORSE?"
— nakedcapitalism.com — Equity analyst and market commentator James Bianco of Arbor Research e-maileda a discussion of the breakdown of... interbank lending to us along with a few others, His note illustrates a point made by FT Alphaville a couple of weeks ago that we have ... (more) "Are Central Banks Making Libor WORSE?"

Comments vote down The Aleph Blog found this 10/12/2008found this
$700 Billion and What it Can Buy
bespokeinvest.typepad.com - 10/9/2008
$700 Billion and What it Can Buy
— bespokeinvest.typepad.com — Since the financial rescue package was signed into law last week, financial markets across the world have... taken the pace of their declines to a higher gear. This has prompted people to ask what the Treasury is waiting for Yesterday afternoon in a ... (more) $700 Billion and What it Can Buy

Comments vote down Paul Kedrosky's Infectious Greed found this 10/9/2008found this
interfluidity.powerblogs.com - 10/12/2008
Crocodile tears and the LIBOR-OIS spread
— interfluidity.powerblogs.com — OK. So, stock markets are, like, tanking.... (more) Crocodile tears and the LIBOR-OIS spread

Comments vote down Economist's View found this 10/12/2008found this

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Abnormal Returns:  Wednesday links: adjust your strategy

SeekingAlpha.com: Home Page:  A New Plan That Just Might Work

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Blog Reactions

Wednesday links: adjust your strategy
Abnormal Returns — ... Is $700 billion enough to put the banking system on the road to recovery?  (Odd Numbers) ...

A New Plan That Just Might Work
SeekingAlpha.com: Home Page — ... what many economists here in the US have argued for: a recapitalization of major institutions paired with equity stakes in those entities that accept it. ...

What Happens When Banks Are Nationalized
SeekingAlpha.com: Home Page — ... on historical financial crises by Luc Laeven and Fabian Valencia, we can identify other instances in which a government took equity stakes in major banks as part of a recapitalization program. ...

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