Category Archives: Geithner Plan to Rescue the Financial System

Been Down So Long It Looks Like Up To Me

Sometimes good days are hard to manage – you don’t know what to make of them. You’re suspicious. Been Down So Long It Looks Like Up To Me – the famous novel by Richard Fariña – had a great title … Continue reading

Posted in Bank Bailouts, Blame for Economic Crisis, Capitalism Disappearing, Causes of Financial Meltdown, Class Warfare, Economic Confidence, Financial Meltdown, Geithner Plan to Rescue the Financial System, Geithner's Toxic-Asset Action Plan, Major Banks Actually Insolvent, Major Market Rally, Managing America's Anger, Nationalizing the Banks, Populist Rage, Timothy Geithner, Toxic-Assets | 1 Comment

You Can Take That to the Bank

It seems to be economic history. Wednesday, February 11, 2009, was the day that business with the stimulus bill was finally settled:   Moving with lightning speed, the Democratic-controlled Congress and White House agreed Wednesday on a compromise $790 billion … Continue reading

Posted in Bank Bailouts, Credit Markets, Economic Issues, Economic Theory, Financial Meltdown, Geithner Plan to Rescue the Financial System, Japan's Lost Decade, Major Banks Actually Insolvent, Nationalizing the Banks, Stimulus Plan, Zombie Banks | Leave a comment