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housing bail out

Your stimulus – a drop in the bailout bucket

by MorganFebruary 17, 2009 Economy

If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!A great overview of the total U.S. government (read: taxpayer) tab for the bailout by the New York Times (h/t The Big Picture). We’re talking a total of 32% of our 2008 GDP committed to this bail out. [...]

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Do you feel lucky? Do ya?

by MorganOctober 1, 2008 Random Thoughts

Another great one from Jeff:
Copyright 2008 Creators Syndicate

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CEO’s beg: “Protect our commercial paper”

by MorganOctober 1, 2008 Economy

Valleywag has the story on Honeywell CEO Dave Cote’s email to all 122,000 employees encouraging them to support the housing bail out.  Why you ask?  Because Honeywell, like many other large firms, leverage the short-term commercial paper market to manage cash flow and operation expenses.  This market has effectively stopped working and CEO’s like Cote (and [...]

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Unlucky 7’s

by MorganSeptember 29, 2008 Wall Street

The Dow is down 777+ points ($1.1 trillion in market value) today as I write this as the bailout bill failed the House of Representatives.  Of course, I’m in no place to write at the moment, so here are some links:

Stocks, Oil Plunge After Congress Rejects Bailout; Bonds Rise (Bloomberg.com)
Yes, Virginia, this is a crash (The Big [...]

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