public marks

PUBLIC MARKS from bacon with tag relief

April 2009

Fannie Mae CEO Herbert M. Allison to head Troubled Asset Relief Program (TARP): Neel Kashkari replacement.

Obama pick’s a guy with Fannie Mae AND Merrill Lynch on his resume to run the Troubled Asset Relief Program. Sounds like the Wolf guarding the Hen house. What’s wrong with Neel Kashkari? Shouldn’t they try and find some independent NE...

February 2009

Financial Stability Plan: What is Timothy Geithner new bank rescue plan?

I don’t know how the private-public partnership will work. But it does look like for the ‘bad bank’ the losses will mostly be suffered by taxpayers, and gains will mainly be by plutocrats. The new plan might be a rerun of the Bush adm...

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