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Tag : paulson (226)
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Arnold Schwarzenegger: California needs $7 billion loan to fend off credit crisis »
Posted by: engineer 1 month, 2 weeks ago in News
In a letter sent on Thursday to Henry Paulson, the US Treasury Secretary, Mr
Schwarzenegger, California's governor, made clear that his state was running ... -
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An Economic House of Cards: There Are No Blue Chips Anymore »
Posted by: populist 2 months ago in Business & Finance
There are no Blue Chip refuges from the rolling disaster that is the US economy today. And there are no easy rescues - indeed according to ...
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Bank borrowing from Fed reaches record $188 billion a day »
Posted by: berkeley 1 month, 3 weeks ago in Business & Finance
U.S. banks and money managers borrowed a record amount from the Federal Reserve in the latest week, nearly $188 billion a day on average ...
More | Discuss (2) | Read Full Story at gata.org
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Bankrupt Economics »
Posted by: berkeley 1 month, 2 weeks ago in Politics
What we are witnessing, in the broadest sense, is the bankruptcy of modern economics. Its conceit has been that we had solved the problem of ...
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While Bush Fiddled »
Posted by: berkeley 1 month ago in Politics
Here's something to ponder: What would have happened if President Bush had listened to Paul Krugman three weeks ago instead of Henry Paulson?
"Basically ... -
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THANKS BUT NO THANKS: WHAT LINCOLN WOULD HAVE SAID TO PAULSON'S $700 BILLION RANSOM »
Posted by: engineer 1 month, 2 weeks ago in Business & Finance
"These capitalists
generally act harmoniously and in concert to fleece the people, and now that
they have got into a quarrel with themselves, we are ... -
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The Dummy's Guide to the US Banking Crisis »
Posted by: tehranchik 1 month, 3 weeks ago in Business & Finance
So, for those of you who want the 3-minute version of the present crisis, here it is in 20 short steps:
More | Discuss (0) | Read Full Story at creditwritedowns.com
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Congress lives up to its 10% approval rating. »
Posted by: FSU92grad 1 month, 2 weeks ago in News
America has survived a feckless political class in the past, and it will again after this week. But Monday's crash and burn of the ...
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Democrats say U.S. bail-out vote looks 'good' despite billionaire Soros's words of warning »
Posted by: berkeley 1 month, 2 weeks ago in Politics
But Mr Soros said: 'The plan is ill-conceived or not conceived at all.'
He suggested the current package would leave taxpayers paying way above the ... -
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Congress Objects to Lack of Help Aimed at Homeowners »
Posted by: engineer 1 month, 3 weeks ago in Business & Finance
Treasury Secretary Henry M. Paulson Jr., left, and Ben S. Bernanke, the Federal Reserve chairman, faced five hours of questions from a skeptical Senate Banking ...
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When Madmen Reign »
Posted by: berkeley 1 month, 2 weeks ago in Politics
I'm not holding my breath, but I would like to see the self-proclaimed conservative, small government, anti-regulation, free-market zealots step up and take responsibility ...
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Many economists skeptical of Paulson's bailout »
Posted by: hyperbola 1 month, 3 weeks ago in News
Many of the same economists and opinion-makers who'd provided a bipartisan sheen of consensus to Treasury Secretary Henry Paulson's previous moves have quickly ...
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America's Own Kleptocracy »
Posted by: hyperbola 1 month, 3 weeks ago in News
Nobody expected industrial capitalism to end up like this. A kleptocratic class has taken over the economy to replace industrial capitalism.
America has entered into ... -
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The Real Reason for the sudden rush for bailout? »
Posted by: berkeley 1 month, 2 weeks ago in Business & Finance
I would guess that the REAL REASON for the sudden big PANIC and RUSH has to do with these deadlines. Nothing else makes sense. And ...
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25 Harshest Reactions to Bailout »
Posted by: tehranchik 1 month, 3 weeks ago in Business & Finance
"Normally, this is a process that would take months — years."
Instead, the law is being worked out, live on television, over the course of a ...
