Global Investing

Not everyone a fan of the ‘Paulson plan’ to mop up toxic debt

September 19, 2008

Wall Street’s cheering the Paulson Plan – a multi-billion-dollar taxpayer-funded effort to contain the credit market crisis. But a backdraft is underway in the blogosphere. Strategist-blogger Barry Ritholtz lays it out here in The Big Picture:

What do you think of the ‘Paulson Doctrine’ ?

September 17, 2008

Some financial firms, but not all, will be saved. The pattern was set with Bear Stearns in March and repeated with Fannie,  Freddie and AIG this month — but not Lehman Brothers. Information Arbitrage lays it out this morning here.