bailout

Pages

Wow, somebody doesn't like Geithner

Mar 4, 2009
Yesterday, I mentioned a book coming out next week called "House of Cards." It's about the collapse of Bear Stearns. Another excerpt was...
Posted In: bailout, Banks, Bear Stearns, Geithner

AIG makes me angry too

Mar 4, 2009
The more I read and think about AIG, the closer I get to having a conniption. Even Bernanke said it yesterday: nothing makes him angrier than the...
Posted In: AIG, bailout, TARP

Drive 'em into the ground

Mar 3, 2009
The latest car sales numbers just came in, and they truly are bad enough to make a grown man cry. GM and Ford sales fell by half in February. At...
Posted In: bailout, bankruptcy, GM, nationalization

Dracula, the insurance company

Mar 3, 2009
I felt like I was watching a bad horror movie this morning as Fed Chairman Ben Bernanke testified before Congress. Bernanke said the government...
Posted In: AIG, bailout, TARP

Greed and blindness

Mar 3, 2009
There's an ugly, human thread that runs through all of the collapses and fraud on Wall Street. Two items I read this morning point it out clearly....
Posted In: bailout, Bear Stearns

Burning down the house

Mar 2, 2009
Q: What happens to money when you throw it into a fire? A: The same thing that happens when you give it to AIG. Today's 4th bailout of the...
Posted In: AIG, bailout, TARP

If it quacks like a duck...

Feb 27, 2009
At this economic bloggers conference I'm attending, we had a discussion last night about how no one in charge will say the word "nationalization." ...
Posted In: bailout, bloggers, blogging, blogs, economists, nationalization

Airplane Reading

Feb 26, 2009
I read some interesting stuff on my flight to Kansas City, which I'll get to in a moment. But first, my flight. I don't fly Southwest often, but...
Posted In: Airlines, bailout, Fed

Just take your clients to Putt-Putt

Feb 25, 2009
Now that Northern Bank's been busted for hosting a golf tournament, the other bank lemmings are lining up to do their part. Today, Morgan Stanley...
Posted In: bailout, Banks, TARP

Will there be blood?

Feb 25, 2009
I just read a very compelling interview with respected Harvard historian Niall Ferguson. Here's the interview by the Toronto Globe and Mail, and...
Posted In: bailout, Banks, economists, government spending

Pages