Monday, September 22, 2008

What Experts Are Saying About the Bail Out

Some reactions to the Bush administration proposal for granting unfettered authority to the Treasury Department to buy up to $700 billion in distressed mortgage-related assets from private firms: Dean Baker, Paul Krugman (1, 2, 3), CalculatedRisk, Douglas Elmendorf, Ed Paisley, Henry Blodget, Yves Smith, Mish, Willem Buiter, Luigi Zingales, William Greider, Sebastian Mallaby, Robert Reich.

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