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Bailout Plan

Fixing the Bailout Bureaucracy

Paul C. Light | Posted 10.31.2008 | Business

Read More: Henry Paulson, Wall Street Bailout, Bailout Plan, Congress, Political Appointees, Office of Financial Stability, U.S. Comptroller General, Accountability, Business News
Paul C. Light

Here are 10 ideas Congress should consider to start building toward a more accountable bureaucracy.

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GOP Fallback: When In Doubt Blame Pelosi

Robert Reed | Posted 10.30.2008 | Chicago

Read More: Wall Street Bailout, Wall Street Crisis, Economy, Nancy Pelosi, Bailout Plan, Bailout Vote, Nancy Pelosi Bailout, Chicago News
Robert Reed

If the ultra-conservative GOP wing has a real plan for rescuing this economy then let's see it. If not, then let's go with this plan and move on. But don't insult the country, or waste its time, with this political nonsense and talk of bruised feelings.

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Jed Lewison

Heckuva Job, Johnny

HuffingtonPost.com | Jed Lewison | Posted 10.30.2008 | Politics

Read More: Republican House, John McCain, Spence Bachus, Bailout Plan, Politics News

Who knows whether John McCain will figure out a way to take political advantage of this bailout mess, but it's worth noting that he said the reason wh...

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Jed Lewison

Krugman Offers Lukewarm Support For Plan, Rips "Frightening" McCain

HuffingtonPost.com | Jed Lewison | Posted 10.29.2008 | Politics

Read More: Breaking Business News, Wall Street Crisis, Wall St, Wall St Crisis, Bailout Package, Paul Krugman, Bailout, Bailout Plan, Politics News

Update (11:42PM): Krugman offers lukewarm support for the plan in his new column, but warns that the plan isn't going to fix all our financial problem...

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Who Wins, Who Loses Under Proposed Bailout Plan?

AP | TOM RAUM | Posted 10.29.2008 | Business

Read More: Wall Street, Wall Street Crisis, Bailout, Bailout Plan, Wall Street Bailout, Business News

WASHINGTON — The proposal to bail out U.S. financial markets to the tune of up to $700 billion creates a lot of potential short-term winners, as...

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Bailout Bill: Full Text Of Plan

The Huffington Post | Posted 10.29.2008 | Business

Read More: Bailout Bill Congress, Full Bailout Bill, Read the Bail Out Bill, Read Bailout Bil, Read the Financial Crisis Bill, Bailout Bill, Full Bailout Legislation, Bailout Bill Full Text, Full Text Bailout Bill, Financial Crisis, Wall Street Bill, Congress Bill Bailout, Bailout Legislation, Bailout Bill Text, Bailout Package, Bailout Plan, Bail Out Package, Bailout, House of Representatives, Bailout Bill Number, Bail Out Bill, Bailout Proposal, Wall Street, Text of Bailout Bill, Bail Out Bill Text, Text Bailout Bill, Bailout Legislation Text, Text of Bailout Legislation, Bail Out Legislation, Bailout Plan Text, Bailout Package Text, Full Text of Bailout Bill, Text of Bail Out Bill, Text of Bailout Plan, Congress Bailout Bill Text, Full Text of Draft Bill, Legislation Bailout, Business News

Read below for the full text of the compromise bailout legislation agreed to on Sunday afternoon. Click on "full screen" to see a larger version. For...

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House rejects $700B bailout in stunning defeat

AP | JULIE HIRSCHFELD DAVIS | Posted 10.28.2008 | Business

Read More: Wall St, Wall St Crisis, Bailout, Bailout Plan, Bailout Package, Wall Street Crisis, Business News

WASHINGTON — In a vote that shook the government, Wall Street and markets around the world, the House on Monday defeated a $700 billion emergenc...

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Lawmakers report progress on financial rescue deal

AP | CHARLES BABINGTON | Posted 10.28.2008 | Business

Read More: Wall St, Wall St Crisis, Wall St Bailout, Bailout Plan, Bailout Plan Negotiations, Business News

WASHINGTON — Nervously eyeing the markets' next trading session, key lawmakers in both parties and Treasury Secretary Henry Paulson worked late ...

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How Can Capitalism Ever Be The Same?

Weekly Standard | Irwin M. Stelzer | Posted 10.27.2008 | Business

Read More: Aig, Freddie Mac, Finance, Economy, Bailouts, Banks, Federal Reserve, Fannie Mae, Henry Paulson, Bailout Plan, Wall Street Crisis, Wall Street, Business News

NO MATTER WHAT deal is finally cut between Hank Paulson, the Democrats, and unhappy conservative Republicans, or even if no deal at all is finally wo...

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Bailout deal breaks down; Paulson back to Capitol

AP | JENNIFER LOVEN and JULIE HIRSCHFELD DAVIS | Posted 10.26.2008 | Business

Read More: Wall Street, Wall Street Crisis, White House, George W. Bush, John McCain, Barack Obama, Finance, Economy, Bailout, Bailout Plan, Congress, Henry Paulson, Business News

WASHINGTON — A Republican rebellion stalled government efforts Thursday to avoid economic meltdown, a chaotic turnaround that disrupted the chor...

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CNBC Giving Airtime to Bailout Winners

Raymond J. Learsy | Posted 10.25.2008 | Media

Read More: Fannie Mae, Cnbc, Pimco, Freddie Mac, Bil Gross, Bailout Plan, Warren Buffet, Bailout, Media News
Raymond J. Learsy

Question: will PIMCO CEO Bill Gross be asked exactly how the bailout will impact his fund's bond holdings, and to what degree of profit? Or will he simply be given free reign to lecture us about the stormy seas ahead?

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NY Times Econ Journalist: Bailout Plan Doesn't Add Up

Poynter Online | DAVID CAY JOHNSTON | Posted 10.24.2008 | Media

Read More: Bailout Plan, New York Times Journalists, Wall St Crisis, Wall St, Media News

Journalists, start your skepticism. In covering the proposed $700 billion bailout of Wall Street don't repeat the failed lapdog practices that so dam...

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Could a Quirk in Human Brain Wind Up Costing Taxpayers $700 Billion Dollars?

Gary Marcus | Posted 10.24.2008 | Business

Read More: Government Bailout, Wall Street Psychology, Economy, Henry Paulson, Psychology of Financial Crisis, Ben Bernanke, Bailout Plan, Anchoring, Wall Street, Psychology of the Bailout Plan, Business News
Gary Marcus

The bailout plan is likely to pass, not because it's good, but simply because all of us -- Senators included -- are vulnerable of a potent cognitive fallacy known as anchoring.

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Paulson's Bazooka May Miss

Fortune | Colin Barr | Posted 10.24.2008 | Business

Read More: Finance, Dollar, Economy, Bailouts, Henry Paulson, Federal Reserve, Banks, Bailout Plan, Ben Bernanke, Wall Street Crisis, Wall Street, Treasury Secretary, Business News

NEW YORK (Fortune) -- Treasury Secretary Henry Paulson fired his bazooka again, but the target remains elusive. Paulson has proposed using $700 billi...

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A Fine Mess

Robert Kuttner | Posted 10.24.2008 | Home

Read More: Robert Kuttner, Bailout Plan, Wall Street, Bailout, Economy, Obama, Mccain Populist, Mccain Paulson, Obama Bailout, Obama Wall Street Bailout, Obama Paulson, Home News
Robert Kuttner

The bailout bill will enable Obama to assume one of his favorites stances -- the progressive who bridges differences. He can claim that the unified Democrats dramatically improved a flawed and self-interested Republican bill.

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Democratic Leaders Negotiate Over Conditions For Bailout Plan

New York Times | This article was reported by David M. Herszenhorn, Stephen Labaton and Mark Landler, and written by Mr. Herszenhorn. | Posted 10.23.2008 | Business

Read More: Wall St Bailout Negotiations, Bailout Plan, Wall St Bailout, Wall St Crisis, Wall St, Business News

Senate and House Democratic leaders said on Monday that they had reached an agreement on their conditions for approving a $700 billion rescue plan for...

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What Do We Look for in the Bailout Package? It's Simple

Hilary Rosen | Posted 10.23.2008 | Business

Read More: Taxes, Henry Paulsen, Wall Street, Bailout, Banks, Bailout Plan, Congress, Obama, Mccain, Mortgage Crisis, Business News
Hilary Rosen

Taxpayers need equity in the companies we are saving. Once those investments pay off, we will have gotten nothing for our money. We will absorb the losses but get nothing for the gains.

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Paul Krugman: Paulson's $700 Billion Plan Called "Cash For Trash"

NY Times | PAUL KRUGMAN | Posted 10.23.2008 | Politics

Read More: Wall Street Crisis, Bailout Plan, Treasury Secretary Power, Hank Paulson Plan, Politics News

Some skeptics are calling Henry Paulson's $700 billion rescue plan for the U.S. financial system "cash for trash." Others are calling the proposed leg...

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Democrats: "We Will Not Simply Hand Over A $700 Billion Blank Check To Wall St"

Washington Post | Lori Montgomery and David Cho | Posted 10.22.2008 | Politics

Read More: Wall St Bailout Plan Democrats, Wall St Crisis, Bailout Plan, Democrats, Wall St, Politics News

Congressional Democrats considering the Bush administration's emergency plan to shore up the U.S. financial system yesterday countered with their own ...

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