The Great Debate UK

from Commentaries:

Geithner of Oz

August 13, 2009

Earlier today I wrote that Sheila Bair is one of the few financial regulators who gets it. And by getting it, I mean not sucking up to the banks and the big money interests on Wall Street. You know, the guys (and most of them are guys), who got us into this financial mess. Tim Geithner, on the other hand, is a regulator who just doesn't get it.

from The Great Debate:

California, harbinger of hard U.S. choices

May 27, 2009

James Saft Great Debate -- James Saft is a Reuters columnist. The opinions expressed are his own --

California's fiscal train wreck should be watched warily by investors in U.S. Treasuries; as the start of a trend among states seeking bailouts, as a source of pressure on Federal funds and as a harbinger of hard choices at national level.

from The Great Debate:

Failure is the only success in stress test

April 24, 2009

James Saft Great Debate -- James Saft is a Reuters columnist. The opinions expressed are his own --

The stress test of banks now underway in the U.S. is one exam in which failure will be the only true measure of success, at least in terms of speeding a recovery.

from The Great Debate:

Goldman’s TARP out: give up ALL state aid

April 22, 2009

goldman-crop -- Jonathan Ford is a Reuters columnist. The views expressed are his own --

Goldman Sachs wants to do its duty by the American people and give them their TARP money back. Some spoilsports have urged the government simply to say no because allowing the investment bank to repay the cash would make other banks look bad.

from The Great Debate:

“Truman doctrine” could boost IMF firepower

By Paul Taylor
March 17, 2009

Paul Taylor Great Debate-- Paul Taylor is a Reuters columnist. The opinions expressed are his own --

The day before he returned to the U.S. Treasury for six weeks to help the understaffed Obama administration, Edwin Truman published a proposal to give the International Monetary Fund more firepower to fight the financial crisis.

from The Great Debate:

Too failed to live not too big to fail

March 16, 2009

James Saft Great Debate -- James Saft is a Reuters columnist. The opinions expressed are his own --

The U.S. policy of keeping zombie financial institutions alive is so clearly failing that it is now attracting attack from inside policymakers' circle of covered wagons.

from The Great Debate:

Geithner’s hair of the dog plan for banks

By J Saft
February 18, 2009

jimsaftcolumn-- James Saft is a Reuters columnist. The opinions expressed are his own. --

U.S. plans for a public-private fund to buy up toxic assets are likely to amount to a fig leaf with which to hide subsidies to failing banks.