Geithner Paid AIG Counterparties in Full Because He ‘Lacked Leverage’ With Banks
To which TARP inspector general Neil Barofsky says: "Hello, you're their regulator. THAT'S your leverage."
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Economic Adviser Scolds AIG CEO for His ‘Cheekiness’
CEO Robert Benmosche had better watch his mouth around the people who pay his salary.
Two Out of Three Things Lost to the Recession Are Not Actually Important
High-end kids' clothing, mats made of hair, or jobs for teenagers. Which one of these things is an actual meaningful loss for our society?
Incidentally, Joe Biden Was Wrong About That Whole ‘Misreading the Economy’ Thing
Dude has nooo idea what he is talking about, says the president.
Biden: ‘We Misread How Bad the Economy Was’
Yesterday, vice-president Joe Biden told George Stephanopoulos that back in January, when the administration was deciding on the economic plan, they underestimated the severity of the current recession.
Warren Buffett: ‘You Can’t Produce a Baby in One Month by Getting Nine Women Pregnant’
More dirty words of wisdom from the Oracle of Omaha.
A Woman’s Work on a Financial Regulation Package Is Never Done
Diana Farrell explains what it was like to work on the overhaul of the financial sector.
Tim Geithner and Larry Summers Are Still Best Friends
Geithner keeps his mentor happy with a combination of Shamu techniques and sugar.
You Can Negotiate Prices in Department Stores Now?
When asked about the length of a sale, one Lord & Taylor employee said, "There's always a sale!"
Tim Geithner Would Prefer You Not Use the Words ‘Federal’ or ‘Bailout’ When Talking About the Federal Bailout of California
The state just needs a "little something to tide it over" is all.
Should You Ask Your Landlord to Lower Your Rent?
Rents are starting to drop all over the city. Can you take advantage?
Niall Ferguson: ‘People Just Have to Get Over the Fact That Their Wealth Wasn't Worth What They Thought It Was’
In which a famed demon of doom gets over himself.
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