The Great Debate

Michael Lewis’ Big Short an unsettling experience

March 11, 2010

Henry Paulson didn’t see it coming. Nor did Timothy Geithner foresee the meltdown of the financial markets. According to Standard & Poor’s President Deven Sharma, testifying before Congress in the fall of 2008: “Virtually no one – be they homeowners, financial institutions, ratings agencies, regulators, or investors – anticipated what is occurring.”

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. –

Hold your wallet — here is TARP 2

February 12, 2009

 Diana Furchtgott-Roth– Diana Furchtgott-Roth is a senior fellow at the Hudson Institute and former chief economist at the U.S. Department of Labor. The views expressed are her own. –