Observing the carving of our currency, as it is sliced by administration fiscal policy and diced by Fed monetary policy.
Archive for the 'geithner' Category
It’s almost been two months since Geithner announced the details of how the stress tests would go down, and now the government is set to announce the results for a bunch of banks. Still, the focus is certainly on the top two. From Financial Times: Citigroup and Bank of America are working on plans to [...]
At the center of President Obama’s overhaul strategy for Wall Street are the “stress tests” which will be applied to all financial institutions. But how accurate will the test results be? That will depend on whether the treasury takes off-balance-sheet assets into account, experts say. This is Danielle Ivory, reporting from the American News Project [...]
Today, political columnist E. J. Dionne lays out the central conundrum to Barack Obamaâ€™s economic policies: Describing what Obama is up to leads quickly to sentences freighted with contradictions. He wants to regulate the market more tightly in order to save it. He thinks big government is required now if we are to return to [...]