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As of 12-31-08
Offering the basis for what might one day become a reality television show, Treasury Secretary Henry M. Paulson Jr. delivered “Extreme Makeover: Financial Markets Edition,” the name I apply to the statement he delivered in Washington, D.C., this morning:
“Last night, Federal Reserve Chairman Ben Bernanke, SEC Chairman Chris Cox and I had a lengthy and [...]
Treasury Secretary Addresses Crisis in Markets
September 19th, 2008 · 4 Comments
Tags: · aig, american international group, Ben Bernanke, chris cox, Congress, Economy, Extreme Makeover, extreme makeover: financial markets edition, fannie mae, Federal Reserve, federal reserve chairman, financial markets, financial security, financial system, freddie mac, illiquid assets, lehman, lehman brothers, money market, mortgage assets, mortgage-backed securities, mutual fund, paulson statement, sec, sec chairman, talk like a pirate day, taxpayers, treasury secretary, treasury secretary paulson
‘Talk Like a Pirate Day’ Festivities Began Early
September 19th, 2008 · No Comments
Though today is International Talk Like a Pirate Day, it seems some on Wall Street and in Washington, D.C., started celebrating early. Beyond just talking like pirates, however, they actually looted and pillaged the nation’s financial markets.
By some estimates, the losses at Fannie Mae, Freddie Mac, Lehman Brothers and AIG, just to name a few, [...]
Tags: · aig, Barack Obama, congressional quarterly, countrywide, countrywide financial, cq, Democratic Party, Democrats, fannie mae, finanial markets, franklin raines, freddie mac, international talk like a pirate day, jim johnson, lehman, lehman brothers, looting, low-interest loan, Obama, office of management and budget, pillaging, pirate day, presidential nominee, raines, talk like a pirate day, walk the plank, Wall Street
