If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!Naked Capitalism - Auto Company Plans Rejected by Task Force
Infectious Greed - Stating the Auto Obvious
Naked Capitalism - Guest Post: The Banks Were Profitable In January And February Thanks To… AIG
Huffington Post - “Let Them Have Stained Carpets” – Obama’s Marie Antoinette Moment
MISH’S [...]
Huffington Post - Citigroup Nationalization: Talks Of 40% Gov Stake Causes Stock Rally
The Big Picture - Why Bankruptcy For Autos But Not Banks?
Money And Markets - Red Alert: Major Meltdown Imminent! Your Escape
Today’s Business Press - No Sleep for Citi
Calculated Risk - More on the Possible Nationalization of Some Banks
Another guest post from MG Dungan who went from Wharton to Wall St. to real estate to Blown Mortgage.
Economies worldwide are in recession and it?s getting worse. The momentum on the downside is too strong and the losses too pervasive to expect bailouts or interest-rate cuts to have more than a temporary effect. At best, [...]