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krugman.blogs.nytimes.com - 4/2/2009
"The banks" versus "some banks"
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On the run: this critique of my views is interesting. But I think there's a crucial assumption that isn't right. The question isn't whether "the banks" are insolvent; most surely aren't. Instead, some banks are probably insolvent. So it's not the case that the costs of the PPIP are costs we'd ...
ft.com - 4/3/2009
FT.com / Companies / Banks - Bailed-out banks eye toxic asset buys
— ft.com — US banks that have received government aid, including Citigroup , Goldman Sachs , Morgan Stanley and JPMorgan... Chase , are considering buying toxic assets to be sold by rivals under the Treasury’s $1,000bn (£680bn) plan to revive the financial system. ... (more) FT.com / Companies / Banks - Bailed-out banks eye toxic ...
Comments vote down Calculated Risk found this 4/3/2009found this
Banks Plan To Buy Toxic Assets From Each Other
businessinsider.com - 4/3/2009
Banks Plan To Buy Toxic Assets From Each Other
— businessinsider.com — We told you this was coming. FT has learned that the major US banks, Citigroup (C), Goldman... Sachs (GS), Morgan Stanley (MS) and JP Morgan (JPM) are all interested in buying toxic assets from one another, using the massive leverage provided by Tim ... (more) Banks Plan To Buy Toxic Assets From Each Other

Comments vote down Opinionator found this 4/3/2009found this
Banks Are Said to Hold Up to Stress Tests
nytimes.com - 4/9/2009
Banks Are Said to Hold Up to Stress Tests
— nytimes.com — Timothy Geithner, the Treasury secretary, helped create the stress test for banks.... (more) Banks Are Said to Hold Up to Stress Tests
Comments vote down Eschaton found this 4/9/2009found this

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TalkLeft:  Your Daily Fix Of Gloom And Despair

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Your Daily Fix Of Gloom And Despair
TalkLeft — ... I have not had much time to look around and really do not know if someone has found a pot of gold at the end of the rainbow to wash away our economic troubles, but I appreciated this part of a Krugman blog post: ...

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