youtube.com - 3/25/2009
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Exclusive Interview with Nobel Prize Winning Economist Paul Krugman (Bloomberg News)
calculatedriskblog.com - 3/21/2009
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calculatedriskblog.com —
The NY Times has some details ... From
Edmund L. Andrews, Eric Dash and Graham Bowley: Toxic...
Asset Plan Foresees Big Subsidies for Investors The plan to be announced next week involves three separate approaches. In one, the Federal Deposit Insurance ...
(more)
Geithner's Toxic Asset Plan
ft.com - 3/25/2009
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ft.com —
The government’s toxic assets plan will force banks
such as Citigroup , Bank of America and Wells...
Fargo to take large writedowns on their loans, requiring them to raise more capital from taxpayers or investors, executives and analysts have warned. ...
(more)
FT.com / Companies / Banks - US banks face big ...
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Late Night Futures
Calculated Risk —
By popular request, an open thread and a few sources for futures and the foreign markets. The U.S. futures are about neutral right now ahead of the durable goods and new home sales reports Wednesday morning. Bloomberg Futures. CBOT mini-sized Dow CME Globex Flash Quotes Futures from barchart.com And the Asian markets. The Asian market are about even too. And a graph of the Asian markets. And here is Krugman on Bloomberg: 'Geithner plan won't work' (ht bearly) Best to all. ...
links for 2009-03-25
Economist's View —
Lemons and toxic assets - Knowing and Making
The Geithner Plan: Quick Numerical Example - Karl Whelan
Quantifying the "Geitner Put" - Greed, Green and Grains
Risks from the New Fed Policy - David Beckworth
Missing the Point - Ryan Avent
Simulations and Mechanisms - Whimsley
The Start of a Crisis, Through the Lens of Avis - NYTimes.com
Emerging economies should liberalise now - voxeu.org
Ten trillion and counting - PBS Frontline Video
New Toxic Asset Plan "Won't Work" - Krugman - YouTube
Fox ...
Related Content
Video - Geithner: Toxic asset plan almost done
marketnewslive.blogspot.com 3/11/2009 — Treasury Secretary Timothy Geithner tells Charlie Rose in an interview that the toxic asset plan will provide low-cost government financing to private investors willing to purchase the bad assets on banks' balance sheets.
Devil Is in the Details of the Toxic-Asset Plan
dealbook.blogs.nytimes.com 3/27/2009 — The Obama administration's public/private partnership plan to buy up toxic assets still lacks some critical details and that became apparent on Thursday afternoon during a conference call with bankers and investors that was led by Sheila C. Bair, the ...
Toxic Asset Plan Foresees Big Subsidies for Investors
hf-implode.com 3/22/2009 — " The Treasury Department is expected to unveil early next week its long-delayed plan to buy as much as $1 trillion in troubled mortgages and related assets from financial institutions, according to people close to the talks."
FT.com / UK - Banks face big writedowns in toxic asset plan
ft.com 3/25/2009 — The government's toxic assets plan will force banks such as Citigroup, Bank of America and Wells Fargo to take large writedowns on their loans, requiring them to raise more capital from taxpayers or investors, executives and analysts have warned. ...
FT.com / US / Economy & Fed - Investors welcome toxic asset plan
ft.com 3/23/2009 — By Krishna Guha and Edward Luce in Washington and Francesco Guerrera, Julie MacIntosh and Michael Mackenzie in New York Published: March 23 2009 13:11 | Last updated: March 24 2009 08:58 US stocks soared on Monday after Treasury Secretary Tim Geithner ...
Economists mostly bullish on $500 billion toxic asset plan
mortgage.freedomblogging.com 3/23/2009 — The Treasury Department today unveiled more details of how it plans to get bad assets off the banks of books. The plan includes investing up to $100 billion of taxpayer funds together with private money from investors to buy an initial $500 billion in ...
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 ...
FT.com / US & Canada - Doubts mount over US toxic asset plan
ft.com 6/8/2009 — The controversial US toxic asset clean-up plan, aimed at clearing bad loans from US banks’ books to enable them to raise capital and lend freely, has fallen behind schedule, and may never be fully implemented. The plan has fallen prey to concerns from ...
NY Times Example of a Toxic Asset
calculatedriskblog.com 2/2/2009 — “To date, the banks have stuck their heads in the sand and demanded that they be paid the price of good apples for bad apples.” Lynn E. Turner, a former SEC chief accountant Vikas Bajaj and Stephen Labaton provide us with an example of the different ...
Treasury Plan For Buying Toxic Asset Is Complex Beyond Belief
247wallst.com 3/22/2009 — If The Wall Street Journal’s description of the Treasury’s plan to get toxic assets off of bank balance sheets is correct, it may be the most complex set of programs in the history of the federal government.
According to the paper, ...
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