What about Cerberus?
President Obama issued an ultimatum to GM and Chrysler today, setting out strict guidelines for the carmakers to meet before obtaining more government aid. Coupled with the forced resignation of
A closer look at a toxic avenger
To paraphrase Paul Krugman, it looks like the zombies have won. Insolvent banks continue to roam the earth, sucking up unfathomable sums of taxpayer capital, provided to hedge fund intermediaries
DeLong has a little brother in this fight
Since the Obama administration leaked details of its toxic asset plan on Friday night, the reaction in the blogosphere has been swift and harshly critical: the zombie plans have won,
Questions on AIG, Goldman, and Deutsche
I want to raise a few points on AIG that don’t seem to be coming up elsewhere, but that need critical attention if we are to understand how this disaster
The Protégés
In earlier posts, we’ve highlighted Robert Rubin‘s network of protégés, who have assumed nearly every economic policy post of consequence in the Obama White House. In spite of his abysmal
Roberts’ reign
After spending the better part of five years running for office, a victorious John F Kennedy set out to realize the promises made in the course of his 1960 presidential
Geithner’s chief of staff lobbied Geithner’s Fed?
Mark Patterson, Tim Geithner’s new chief of staff and a former Goldman Sachs lobbyist, appears to have been lobbying the Fed – Geithner was president of the New York Fed
Irony at Treasury
Is it just me or is it kind of ironic – also brash and stupid – for Tim Geithner to hire a lobbyist who has worked on immigration reform issues