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The Times' Rorshach Geithner Story
Apr 27 20099:04am EDT -
Sinking Animal Spirits
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Counter-cyclical Urban Policy
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Be Your Own Counterfeiter
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Being Tim Geithner
Apr 25 200912:04pm EDT -
Notes From a Press Conference Naif
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What Good is the News?
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Stressful Enough
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Not Regretting the Pound
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Introducing the New Ford Squeeze
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Non-Economic Questions of the Day
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The Stress Test Blind Alley
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Happy Hour
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Recovery Without Rebalancing
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The Shape of Your Recession
Apr 23 20095:04pm EDT
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The Bailout Arrives
McCain returning to Washington to work on the bailout? Unhelpful -- and, in fact, he's still in New York, at the Clinton Global Initiative, he hasn't even gotten started on his legislative work yet.
But McCain announcing that he was going to return to Washington to work on the bailout? Seems to have done the trick:
Lawmakers indicated Thursday that they were close to hashing out an agreement on a proposed $700 billion bailout of the financial system, hours before a high-stakes meeting at the White House to finalize the deal...
The Democrats had all but eliminated their differences, and both sides were hoping for a bipartisan consensus to emerge at midday, with the final imprimatur to come at the late afternoon meeting with President Bush, the Congressional leadership and the two presidential candidates...
Democrats were hoping to reach a final agreement on the framework of a bill ahead of that meeting, partly to deny any credit to Mr. McCain who took the bold step on Wednesday of suspending his campaign and announcing that he would return to Washington to help secure a deal. Democrats said they did not need his help.
In any case, once the meeting is over, McCain's work would seem to be done, no?
