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Lessons of LTCM
Marginal Revolution's Tyler Cowen makes a similar point in this NY Times op-ed about the 1998 federal bailout of the Long-Term Capital Management hedge fund that this earlier post made about Enron and the current Treasury bailout: At the...
Say what?
As noted earlier here and here, the lack of leadership involved in the current credit crisis and related Treasury bailout really has been appalling. You don't think so? Check this out:...
Another cost of the bailout
As reconsideration of the proposed Treasury Bailout of Wall Street takes center stage in Washington, other pressing and arguably more important problems continue to be ignored. Take the chronically dysfunctional American health care finance system. This Boston Globe article...
Awkward Loan Interview
The proposed Treasury bailout leads to an awkward loan interview:...
This is leadership?
I've already said my piece on the proposed Treasury Bailout of Wall Street, so I won't belabor that view. In the meantime, there are much better places to keep up with the minute-by-minute political developments on the proposed bailout...
The Treasury Bailout is not rocket science
The debate over the proposed Treasury bailout of Wall Street firms is coming at a fortuitous time -- the election season. Be wary of any candidates who, after looking appropriately concerned about the dire predictions of the plan's promoters,...
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