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Where the Bailouts Went Wrong

Obviously the Citi and Goldman bailouts were influenced by politics. What no body mentions is that Goldman sold these toxic assets to buyers and then bet against the very products they sold. No moral base there.

An Unconventional Option - Go Long Financials

This is not good advice, given the risk to C. A better naked strategy is to sell cqu, the May $2 put, for $.37.

Krugman, Don't Throw the Baby Out with the Bathwater Just Yet

Krugman is flat out wrong because he is shortsighted in his assessment of the consequences. Consider what happened when Lehman failed and ask what will happen if the USG nationalizes the banks - mass arteriosclerosis in the financial system would result. And the impact of that on the economy would be disastrous.

Credit Crisis Review: ARMed for Failure

Kind of trivial. What happens in the 2010-2015 time frame is unknowable.