Recent Blog Posts
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The Times' Rorshach Geithner Story
Apr 27 20099:04am EDT -
Sinking Animal Spirits
Apr 27 20098:04am EDT -
Counter-cyclical Urban Policy
Apr 26 200910:04am EDT -
Be Your Own Counterfeiter
Apr 26 20099:04am EDT -
Being Tim Geithner
Apr 25 200912:04pm EDT -
Notes From a Press Conference Naif
Apr 25 20099:04am EDT -
What Good is the News?
Apr 25 20098:04am EDT -
Stressful Enough
Apr 24 20092:04pm EDT -
Not Regretting the Pound
Apr 24 20091:04pm EDT -
Introducing the New Ford Squeeze
Apr 24 20099:04am EDT -
Non-Economic Questions of the Day
Apr 24 20099:04am EDT -
The Stress Test Blind Alley
Apr 24 20098:04am EDT -
Happy Hour
Apr 23 20099:04pm EDT -
Recovery Without Rebalancing
Apr 23 20096:04pm EDT -
The Shape of Your Recession
Apr 23 20095:04pm EDT
Links
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Extra Credit, Friday Edition
Under One Stress Test, Big Banks Look Anemic: If the government's stress test is anything like Creditsights's stress test, then Wells Fargo will need another $119 billion; BofA, $99 billion; JPMorgan, $124 billion; Citi, $101 billion; Goldman Sachs, $47 billion; and Morgan Stanley, $34 billion. That's over half a trillion dollars right there, for those of you counting along at home.
Bankers Face Strict New Pay Cap: Which could apply to as many as 25 executives, if a bank gets more than $500 million in federal money.
To Catch a Thief: Our financial system is run by psychopaths. Literally.
Alexander Hamilton, J.P. Morgan... and Tim Geithner? "Jim "Mad Money" Cramer just sent my head spinning round so fast that my brain became completely unscrewed from my neck and everything I've learned about how the economy (doesn't) work in the last three years evaporated into thin air with an accompanying blasting hiss of boiling steam." That's news?
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