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calculatedriskblog.com - 4/9/2009
Bailout Bonds
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From Graham Bowley and Michael de la Merced at the NY Times: U.S. Imagines the Bailout as an Investment Tool [T]he Obama administration is encouraging several large investment companies to create the financial-crisis equivalent of war bonds: bailout funds. The idea is that these investments ... ...
U.S. Plan Imagines the Bailout as Investment Tool
nytimes.com - 4/9/2009
U.S. Plan Imagines the Bailout as Investment Tool
— nytimes.com — Maurice Black Rosemaur, a Boy Scout, in 1918 with a Liberty Bond poster in New York.... (more) U.S. Plan Imagines the Bailout as Investment Tool

Comments vote down Calculated Risk found this 4/9/2009found this
robertreich.blogspot.com - 4/15/2009
We Need More Stimulus, Not More Bailout
— robertreich.blogspot.com — With only $110 billion remaining in the TARP bailout fund, all signs are that Tim Geithner is... preparing to return to Congress seeking more bailout money. He’ll bring along the results of his bank “stress tests,” which will probably show many that big ... (more) We Need More Stimulus, Not More Bailout

Comments vote down J. Bradford DeLong's Grasping Reality with All Eight ... found this 4/15/2009found this
Obama Bonds With Queen
thehopeforamerica.com - 4/3/2009
Obama Bonds With Queen
— thehopeforamerica.com — Jimmy Kimmel shows us how well the two got along... (more) Obama Bonds With Queen

Comments vote down hopeforamerica hopeforamerica posted 4/3/2009posted this

Blog Reactions

Corrente:  Bigger fools

Firedoglake:  Is Obama’s Economic Team Inviting Americans to Las Vegas?

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Blog Reactions

Bigger fools
Corrente — OMFG.

Is Obama’s Economic Team Inviting Americans to Las Vegas?
Firedoglake — ... So whom do the NYT reporters seek out to ask whether this is a good idea? No sources from the Administration had the courage to give their names; good move. However, the reporters quote several folks from Wall Street investment firms -- firms that would be delighted to take your savings and manage them for a modest fee, and who did such a fine job in recent years. They explain that having us pour money into their bailout funds to play with is a patriotic and politically clever idea. ...

Related: i bonds
Unmitigated bastards — The Sideshow
Dean Baker in USA Today : In effect, the cutters are proposing that the government default on the bonds held by the Social Security trust fund: U.S. government bonds that were purchased with money raised through the designated Social Security tax. It is truly incredible, and unbelievably ...
Morgan Stanley earnings to be hurt by bonds: report — The Huffington Post | Full News Feed
(Reuters) -- Morgan Stanley's (MS.N) bottom line will be hurt by the recent rebound in its bond prices, the Wall Street Journal said. On account of the accounting treatment on some bonds issued by Morgan Stanley before the financial crisis erupted, the company is expected to take a hit of ...
Hoping to Build On History’s Greater Rip-Off by Making It Even Greater — This Modern World
Dean Baker, in this USA Today op-ed about Social Security, points out something no one else has: In effect, the cutters are proposing that the government default on the bonds held by the Social Security trust fund: U.S. government bonds that were purchased with money raised through the ...