Obama was on TV addressing the Administration’s request for more authority to take over non-bank financial institutions (begin at 6:15): The new meme seems to be that there is some regulatory impediment to resolving a large bank holding company such as Citigroup or, for that matter, AIG. Even James Kwak at Baseline is wondering about [...]
Archive for March 24th, 2009
Banks and Non-Banks
Posted in Meltdown, Obama on March 24, 2009 | 2 Comments »
Hey Paul Krugman
Posted in Hillary Clinton, Meltdown, Miscellaneous, Obama on March 24, 2009 | Leave a Comment »
When this guy makes more sense than the Administration, you know how far we are from this time last year, when Obama was the one guy standing strong against Hillz’ notion of a gas tax holiday:
Going Rate
Posted in Miscellaneous on March 24, 2009 | 1 Comment »
Marie Douglas-David married the CEO of United Technologies in 2002. She quit her job at Lazard and began spending $200,000 a week of his money: This is a problem? Yes, it’s a problem, says the socialite wife in a bizarre Connecticut divorce trial with $100 million at stake. In gripping testimony yesterday, svelte Swedish countess [...]
