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More banks likely to fail, Obama warns
Mismanagement by the nation’s lending institutions was so extreme that even now, the losses sustained by banks still cannot be calculated and more banks are likely to fail, President Barack Obama said in an interview with TODAY co-host Matt Lauer.
FT.com / Columnists / Martin Wolf - Why Obama’s new Tarp will fail to rescue the banks
FT.com / Columnists / Martin Wolf - Why Obama’s new Tarp will fail to rescue the banks
ft.com — Published: February 10 2009 18:06 | Last updated: February 10 2009 18:06 op EDITOR’S CHOICE Economists’ forum... - Oct-01 Every week, 50 of the world’s most influential economists discuss Martin Wolf’s articles on FT.com Crook: A package far from tied ... (more) FT.com / Columnists / Martin Wolf - Why Obama’s new Tarp ...
Let banks fail says Nobel economist Joseph Stiglitz
Let banks fail says Nobel economist Joseph Stiglitz
telegraph.co.uk — Government should allow every distressed bank to go bankrupt and set up a fresh banking system under... temporary state control. (more) Let banks fail says Nobel economist Joseph Stiglitz
Despite Federal Aid, Many Banks Fail to Revive Lending
washingtonpost.com — Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from... the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. ... (more) Despite Federal Aid, Many Banks Fail to Revive Lending
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Obama to NBC’s Lauer: Hints About Nationalization and Compromising with Republicans
Firedoglake — ... In an interview with NBC's Matt Lauer, President Obama dropped two tantalizing hints about where he's headed on two of the most discussed issues surrounding the bank bailout and the economic stimulus. And both hints are inconsistent with conventional thinking. ...

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