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More Bogus Bailout Reporting: "As Big Banks Repay Bailout Money, U.S. Sees a Profit" 
naked capitalism | by Yves Smith(noreply@blogger.com) | Mon, Jul 27
naked capitalism is the #2 Blogger for United States Department of the Treasury
Goldman is a great firm with a stellar culture, and in most circumstances it’s risk management and funding practices have been second to none. Except when the crisis hit. It stood with the rest of Wall Street as a firm with longer-dated, less liquid assets funded with extremely short-dated...
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Opinion: Willem Buiter: Treasury Will Have to Abandon Current Approach to Banks
There is just one way to make the US government’s policy towards the banks work. That is for the Congress to vote another $1.5 trillion worth of additional TARP money for the banks - $1 trillion to buy the remaining toxic assets off their balance sheets, and $0.5 trillion worth of additional ca...
Thu, Apr 16 | from naked capitalism
