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Posts Tagged ‘Bailout’

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 [...]

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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? 

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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 [...]

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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.

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     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.  

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    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 [...]

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