December 1st, 2008 • by David Zatz
Peggy Risley of Blanchard Gold sent an e-mail around, detailing steps the government has taken so far in this financial crisis. I haven’t done my usual fact checking on this but it seems right. Here’s the list (edited somewhat): Wall Street $1.6 trillion in loans to banks so far in exchange for otherwise unwanted collateral. [...]
November 20th, 2008 • by David Zatz
Nobody asked me for my opinion, but then, I didn’t ask Mitt Romney, Michael Moore, Rush Limbaugh, or any other big-mouths for their opinions, either. Incidentally, the auto industry economists DID clearly see economic troubles coming, at least six months before it did. Ford and Chrysler acted. GM did not. So here are my conditions [...]