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Obama: Confident latest bank rescue plan will work (AP)
news.yahoo.com - 3/23/2009
Obama: Confident latest bank rescue plan will work (AP)
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AP - President Barack Obama says his team is "very confident" that the latest bank rescue plan will work to free up credit.
krugman.blogs.nytimes.com - 3/21/2009
More on the bank plan
— krugman.blogs.nytimes.com — Why was I so quick to condemn the Geithner plan? Because it's not new; it's just another... version of an idea that keeps coming up and keeps being refuted. It's basically a thinly disguised version of the same plan Henry Paulson announced way back in ... (more) More on the bank plan

Comments vote down Open Left - Front Page found this 3/21/2009found this
michaelyon-online.com - 3/26/2009
To the Rescue
— michaelyon-online.com — 26 March 2009 Helicopter Goes Down in Iraq...and Who Comes to the Rescue? Please check this out.... It's a good feeling seeing the Iraqis coming along. Remember those days when to say the Iraqi forces could succeed earned a whipping before ... (more) To the Rescue

Comments vote down Victory Caucus -- All Content found this 3/26/2009found this
Dissecting Bank Plan for a Way to Profit
nytimes.com - 3/25/2009
Dissecting Bank Plan for a Way to Profit
— nytimes.com — Bankers and traders have begun the complex financial calculus of the latest bank rescue plan, with a... goal of finding ways to profit from it. > (more) Dissecting Bank Plan for a Way to Profit

Comments vote down Wonk Room found this 3/25/2009found this

Blog Reactions

Crooks and Liars:  Obama Plan Seeks Buyers for High-Risk Assets

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Blog Reactions

Obama Plan Seeks Buyers for High-Risk Assets
Crooks and Liars — ... or more. By leveraging this program through the Federal Deposit Insurance Corporation and the Federal Reserve, huge amounts of bad loans can be acquired. The private investors would be subsidized, but could stand to lose their investments, while the taxpayers could share in prospective profits as the assets are eventually sold, the Treasury said. The administration said that it expected participation from pension funds to insurance companies and other long-term investors. At least Obama's confident in it. For whatever that proves to be worth.

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Private investors asked to help with bank rescue (AP)
news.yahoo.com 3/22/2009 — AP - The Obama administration says it needs help from private investors to deal with a serious banking crisis.
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Costly bank rescue plan aims to increase trust
politico.com 2/10/2009 — Geithner unveils a new bank rescue plan that includes a "new consumer business lending initiative."
Commentary: How to rescue the bank bailout
cnn.com 1/27/2009 — Economist Joseph E. Stiglitz says the strategy followed by the architects of the bank bailout was flawed.
Geithner Lays Out His Bank Plan
politics.theatlantic.com 3/23/2009 — Treasury Secretary Timothy Geithner has laid out his plan to deal with bad bank assets in a Wall Street Journal op-ed this morning. It's been dubbed the Public-Private Investment Program, and more information is available here at the Treasury website. ...
Obama & The Rescue
corner.nationalreview.com 4/13/2009 — My morning in-box is full of snark and bile from some folks who think I shouldn't have congratulated president Obama for the rescue last night. It does sound like some of the reports saying he personally ordered the rescue were misleading. But you ...
Geithner's Bank Plan: Let it Fail?
politics.theatlantic.com 3/24/2009 — The reaction to Timothy Geithner's new bank plan from liberals has been largely despairing , but there's an interesting contingent arguing that even if the bank plan isn't great economics, it's still good politics. The argument would be that not only ...
The Bank Plan Cometh
blogs.tnr.com 3/22/2009 — The key details, per the Times : The plan to be announced next week involves three approaches. In one, the Federal Deposit Insurance Corporation would set up special-purpose investment partnerships and lend about 85 percent of the money those ...
The right way to create a good bank and a bad bank
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Sen. Bill Nelson on Obama Budget: Need to ‘Rework This Whole Thing’ — WSJ.com: Washington Wire 3/23/2009
Sen. Bill Nelson , a member of the Senate Budget Committee, said the Obama budget will have to be revised in light of the latest Congressional Budget Office projections. The Florida Democrat said in an interview on Fox News Channel this morning ...
Former employee sentenced for accessing passport files — CNN Political Ticker 3/23/2009
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First Obama WH Easter egg roll to emphasize healthy living — CNN Political Ticker 3/23/2009
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Cafferty: Does Pres. Obama risk overexposure? — CNN Political Ticker 3/23/2009
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Speed, innovation drove 2008 campaign video, insiders say — CNN Political Ticker 3/23/2009
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