Sun 2009-07-26 00:00 EDT
naked capitalism: Guest Post: Geither admits easy money did us in
``monetary policy around the world was too loose too long. And that created this just huge boom in asset prices, money chasing risk.''
Geither Topic in The Credit Debacle Catalog
Geither admits easy money (1); Geither plan seems (1).
Thu 2009-02-26 00:00 EST
Daily Kos: State of the Nation
Chocolate Covered Cotton, by billmon; ``taking a look at how the stinking heap was created''; securitized lending morphing to fatal innovation, collateralized obligations; ``full nationalization still would be less expensive and messy than creating the kind of Potemkin markets the Geither plan seems to envision''; ``ncreasingly desperate attempts to maintain a phony façade of free markets and private enterprise, in an economy now utterly dependent on the federal safety net''