blogs.barrons.com - 11/13/2008
—
STOCKS FALL TO SESSION LOWS AFTER LATEST TARP WRINKLE Henry Paulson has been doing his ”gang that couldn’t shoot straight” routine, announcing changes to the TARP plan aimed at loosening the lending mechanism that could end the constriction on consumer borrowing. Only the changes have convinced ...
reuters.com - 11/12/2008
—
reuters.com —
* U.S. stocks plunge after shift in U.S.
bailout program * U.S. crude futures drop to 21-month...
low under $56 barrel * Government debt advances as stock losses spur safety bid * Yen soars across the board, dollar to yen falls below 95 (Corrects to say ...
(more)
CORRECTED - GLOBAL MARKETS-US stocks plunge on ...
Comments
Blog Reactions
If he was serious...
SCSUScholars —
... Mr. Bush, I had thought you were actually going to do what you said you were going to do with the $700 billion. You did not do it; your Treasury Secretary continues to audible at the line of scrimmage. I feel like Charlie Brown -- I should have known that government would screw this up, but I wanted to believe this one time you would get it right. ...
The White House ATM
Hot Air » Top Picks —
... York before weekend talks among leaders from the Group of 20 nations, Bush said policy makers should resist the urge to meddle too much in markets as they seek to reverse the financial and economic turmoil now engulfing the world.“History has shown that the greater threat to economic prosperity is not too little government involvement in the market, but too much,” Bush said. “Our aim should not be more government, it should be smarter government.” But his Treasury Secretary sent a completely different signal earlier in the week: Henry Paulson has been doing his ”gang that ...
Related Content
Paulson
corner.nationalreview.com 12/19/2008 — I supported the Paulson plan, but, man, it's gotten ugly. Here's my column today.
FACTBOX-U.S. stocks in presidential election weeks
| Markets
| US
uk.reuters.com 11/8/2008 — NEW YORK, Nov 7 (Reuters) - U.S. stocks broke out of their post-election funk on Friday, but on balance, the market hardly delivered a ringing endorsement of Barack Obama's defeat of John McCain to be elected 44th president of the United States. ...
Another way to think about Paulson
meganmcardle.theatlantic.com 11/26/2008 — A friend IM's: "For all those salivating at the thought of a second New Deal, this is what 'bold, persistent experimentation' looks like -- kinda messy." Indeed. My question: will consumer confidence be bolstered more by ...
An Academic Verdict on the Paulson Plan
corner.nationalreview.com 11/13/2008 — If you still like the Chicago School's emphasis on efficiency, here's a verdict from there on the bailout:
We calculate the costs and benefits of the largest ever U.S. Government intervention in the financial system. We estimate that the revised ...
Credit Markets Stalled While Waiting Game Played
npr.org 11/15/2008 — NPR.org , November 14, 2008 Secretary Paulson might be the only person in America who worries that consumers haven't borrowed enough money. He says the consumer credit market has "ground to a halt." He wants to get it going again maybe if we all ...
The Ticker -
Paulson: Why I Changed My Mind -
Economy Watch
voices.washingtonpost.com 11/17/2008 — Everyone wants to know why Treasury Secretary Hank Paulson changed his mind on using the $700 billion government bailout/rescue money to make direct investments in businesses rather than buying troubled assets off their balance sheets, which is what ...
U.S. stocks blasted by economy to end at five-year-plus lows
marketwatch.com 11/19/2008 — Intraday data provided by Interactive Data Real Time Services , a division of Interactive Data Corp. and subject to terms of use . Historical and current end-of-day data provided by Interactive Data Pricing and Reference Data . More information on ...
Paulson Gives Bank-Plan Details
online.wsj.com 10/21/2008 — Paulson encouraged financial institutions to seek capital from the government, outlining a streamlined process by which institutions can apply to be part of a $250 billion capital injection program.
Follow BeltwayBlips on Twitter
