Peter, Simon, and I wrote an op-ed for today’s Washington Post reviewing the latest version of the U.S. bailout (already serially discussed on this blog). Our verdict? Pretty good, perhaps not enough money, and the lack of government control over the banks only emphasizes the need for better regulation in the future.
One thought on “Not Bad, Mr. Paulson …”
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The Baseline Scenario 
heard another discussion of mark to market today and it’s impact on banks balance sheets–should this be revisited and revised? Is it appropriate for banks or just brokerages? thanks