01
Dec
A lot can happen in a month. A new president gets elected based on the mantra of change, but immediately starts staffing his cabinet with hardcore Washington establishment players. Citigroup gets a bailout. The Big 3 automakers fly in on their corporate jets and ask for a bailout but get denied. The Fed takes on [...]
02
Oct
As Credit Crisis Spiraled, Alarm Led to Action - [NY Times]
Interesting article from the NY Times detailing what was going on behind the news as the credit crisis unfolded and the bailout plan got formulated. It also illustrates the overstatement and overselling that went into the bailout plan.
Really? The economy will be gone on Monday? [...]
25
Sep
stored in: Conspiracies, Economics, Federal Reserve, Finance & Markets and tagged: Federal Reserve, Video