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Bailout: More Equity Stakes?
From the WSJ: Bailout Talks Turn to More Equity Stakes The Obama administration's financial-rescue plan is shaping up to include capital injections with tougher terms than the first round and an expansion of an existing Federal Reserve lending facility that could potentially buy up toxic assets ...
Bailout, v. 2.0
norris.blogs.nytimes.com — A look at what Secretary Geithner is telling Congress and the public today.... (more) Bailout, v. 2.0
Bailout Talks Turn to More Equity Stakes
Bailout Talks Turn to More Equity Stakes
online.wsj.com — The Obama financial-rescue plan looks to include capital injections with tougher terms than before and expansion of... an existing toxic-assets purchase facility. (more) Bailout Talks Turn to More Equity Stakes
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Baby Steps
Eschaton — You get the sense that the idiots in charge actually know what needs to be done, but can't bring themselves to do it. History won't be kind to these people.

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