krugman.blogs.nytimes.com - 4/27/2009
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One of the really bad arguments against temporary receivership for troubled banks is that we just have too many banks. Unfortunately, among those rolling out that argument has been the president.
So it's worth quoting from the otherwise not very informative Fed report on the stress tests:
All ...
What Is Going On With Banks
seeingtheforest.com 3/9/2009 — This radio show explains what is going on with the banks. It is a very good, regular=person explanation. But it will scare the crap out of you.
"The banks" versus "some banks"
krugman.blogs.nytimes.com 4/2/2009 — 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 ...
Banks
nytimes.com 5/19/2009 — Americans were promised a reward for rescuing the nation’s banks. In return for all those bailouts, the banks essentially granted stock options to the government a potential jackpot for taxpayers once the crisis blew over. But now banks, eager to ...
Plan B on the Big Banks
openleft.com 5/6/2009 — Most of us who have been working on the banking issue from the restructuring side of things (meaning put the big banks into receivership and break them up into smaller components that are no longer too big to fail), including people I know far closer ...
FT.com / Companies / Banks - Bailed-out banks eye toxic asset buys
ft.com 4/3/2009 — 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. ...
Video: Banks And Your Money
marketnewslive.blogspot.com 2/10/2009 — Nearly 4 months after U.S. banks received a multi-billion dollar bailout from the government Sharyl Attkisson takes a look at just how each of those banks are spending taxpayer money.
FT.com / Companies / Banks - Swiss banks ban top executive travel
ft.com 3/27/2009 — Switzerland’s private banks have started to ban their top executives from travelling abroad, even to neighbouring France and Germany, because of fears they will be detained as part of a global crackdown on bank secrecy. The head of one leading private ...
U.S. to Wind Down Help for Some Banks
washingtonpost.com 5/7/2009 — 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. ...