ironpants

Bank Nationalization and the TARP

You're right but the shrill cries of the shortsellers and CNBC will opine that the banks need to be nationalized (to maximize their puts).

Geithner Unable to Break with the Past

Bush absolutely let all systems realize maximum entropy.
SEC especially.
Nice job Brownie!

Geithner Unable to Break with the Past

Anticlimactic appearance by Geithner to say the least. Hard to believe the administration had 100 days to get their ducks in a row and all Tim can do is furrow his brow and flap his hands in front of the fossils in congress...

Goldman's Blankfein on the Credit Crisis and Regulation: Not Far Enough

Janus-faced Blankfein has been selling bank stocks while shorting the hell out of them to the detriment of the market in particular and the economy in general.
There needs to be a comeuppance here, and Blankfein needs to suffer some of the same treatment from peer firms.
When is the SEC going to wise up and insist that short positions be made public on a timely basis, much like long positions.
Companies might have a better prospect of understanding what a slimy snake they are dealing with in GS and Blankfein .