Posts filed under “Bailouts”

House Votes Down Bailout Bill; Dow Down 716

No_vote

They disliked the plan at the open, and — apparently — disliked NOT having the plan even more! Yays are 205, Nays are 228 . . .  Vote wrangling
continues, as 6 switchers gets the
flawed-but-probably-better-than-nothing bailout plan passed . . .

Market off of its lows — Dow off 650, worsening from the post 701-bounce. Nasdaq down 167, or down 7.62%.

VIX spikes to 46.

ITS A SHAME THERE ARE NO SHORTS WHO WOULD OTHERWISE BE COMING IN ABOUT NOW TO COVER. (HASN’T ANYONE AT THE SEC EVER WORKED ON A TRADING DESK?)


Voter>

Spx_down_eesa

House_vote_eesa

World_eesa

Category: Bailouts, Markets, Trading

Ron Paul on the Bailout

Ron Paul schools the rest of the House on the Bailout bill

September 29, 2008 C-SPAN 

via CSpan Junkie

Category: Bailouts, Video

Market Votes Nay on Bailout Plan; Dow Off 330

http://www.youtube.com/watch?v=726Zf-zin-s

Category: Bailouts, Markets, Trading

What Lehman’s Collapse Would Have Wrought

Category: Bailouts, Credit, Derivatives, Federal Reserve, Taxes and Policy

Fed & Treasury Needs to Stop Targeting Asset Prices

Category: Bailouts, Credit, Federal Reserve, Real Estate, Taxes and Policy

James Grant in FT

Good interview in FT:

Part I

Part II

Part III

click for video
Ft_grant_vid

Category: Bailouts, Video

Wall Street Says Thanks…

Category: Bailouts, Financial Press, Taxes and Policy, Weblogs

Bailout Linkfest . . .

Category: Bailouts

Tally of Federal Rescues

Category: Bailouts, Taxes and Policy

A Memo Found in the Street

Category: Bailouts, Credit, Politics, Taxes and Policy