Is Goldman well capitalized enough to survive the next black swan? It doesn’t matter. As Shanley says in her analysis of Goldman’s bonds: “The company’s debt spreads clearly benefit from the perception that it is too big to fail.” So the price of Goldman’s bonds mean that traders expect that the government will bail Lloyd [...]
Posts Tagged ‘Bailout’
Goldman Sachs Reaps $3.4 Billion: Is the Moral Hazard Caused by TARP Already Here?
Posted in Current Events, Economy, Politics, tagged Bailout, Bank Bailout, Financial Crisis, Goldman Sachs, Moral Hazard, TARP, US economy on July 21, 2009 | Leave a Comment »
General Motors Take-Over: Yet Another Unpopular Move by Barack Obama
Posted in Current Events, Economy, Politics, tagged Automotive Industry, Bailout, Barack Obama, General Motors, Government Motors, Obama More Popular Than Policies, Obamanomics, Worst President Ever on June 1, 2009 | 4 Comments »
ATLANTA— Barack Obama is operating on borrowed time in my view. His approval ratings appear robust at the moment, yet again and again he makes decisions that put him outside the American mainstream. The latest is the government takeover of General Motors. How much longer until this trend comes back to bite him?
Public Outrage Over AIG Bonuses! Tim Geithner to Resign…!?
Posted in Economy, Politics, tagged AIG, AIG Bonuses, Bailout, Bankruptcy, Barack Obama, Geithner Resignation, George W Bush, Larry Kudlow, Obamaflation, Systematic Collapse, Tim Geithner, US economy, Worst President Ever on March 18, 2009 | 3 Comments »
ATLANTA— A whopping 85% of Americans are either “outraged” (59%) or “bothered” (26%) by the massive bonuses about to be paid out by AIG. It’s rare you see something about which so many Americans can agree. And it is obvious that this is manifestly a Barack Obama problem and not a George W. Bush problem. For a [...]
Bonus Blow Back
Posted in Economy, Politics, tagged AIG, Bailout, Bank Bailout, Barack Obama, George W Bush, Obama Discount, Obamaflation, Obamanomics, Worst President Ever on March 17, 2009 | 1 Comment »
LONG BEACH— News of tax payer financed AIG bonuses being paid to executives to the tune of $165 million has come back to haunt Barack Obama.
How Long Will Obama Remain Popular? …The Public Outrage Is Small, But Growing
Posted in Economy, Politics, tagged Anti-Stimulus Rallies, Bailout, Barack Obama, Conservative Uprising, Conservatives, Gallup Poll, List of Anti-Stimulus Rallies, Mortgage Plan, Norm Coleman, Obama Bank Plan, Obama Resistance, Obamaflation, Obamanomics, Patriotic Resistance, Porkulus, Stimulus Package, US economy on February 28, 2009 | 12 Comments »
ATLANTA— Every day I read a new article or hear about a new website, talking about the small, but growing resistance building up all over America to Barack Obama’s economic policies.
All You Greedy, Fat-Cat CEO’S- Take a Pay Haircut! …Chris Dodd’s Big-Time Mistake
Posted in Economy, Politics, tagged Bailout, Barack Obama, Chris Dodd, Chris Dodd Stimulus Amendment, Democrats, Executive Pay, Obama Administration, Obamanomics, Stimulus Package, TARP, Tim Geithner, Trillion on February 16, 2009 | 2 Comments »
ATLANTA— According to CNN.com: “An amendment in the $787 billion economic stimulus package passed by Congress Friday would severely restrict bonuses and other forms of compensation for top executives at companies receiving federal bailout money. The amendment by Sen. Chris Dodd, chairman of the Senate Committee on Banking, Housing and Urban Affairs, would [...]
INFLATION WATCH: A STUNNING Representation of What Democrats Could Do to the US Dollar
Posted in Economy, Politics, tagged Bailout, Barack Obama, Democrats, George Soros, Inflation, Monetary Policy, Obamaflation, Paul Krugman, Stimulus Package, US economy on January 30, 2009 | 14 Comments »
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