Piaw Na

Sounds perfect for Bush Adminstration III. - DeWitt Clinton

I honestly expected this to be a post from the indecision 2008 blog - Mitch

emphasis: "To amplify Wood’s point, the time when the situation might have been salvaged by passive capital injections like the acquisition of preferred shares has passed. Only direct public control, combined with a commitment to salvage the financial system as a whole has any chance of success." - Piaw Na

Roubini tells the story behind the scenes. Worth reading. - Piaw Na

Leverage --- that's been what's in common between 1929 and 2008 - Piaw Na

Having tried crony capitalism and failed, the bush administration finally decides to try to do the right thing. - Piaw Na

Time to take bigger bites, especially, if EU central banks also plays along with the recapitalization game. - Peng-Toh

Scott Adam's experience with the Mac mirrors mine. - Piaw Na

The rest of the world doesn't bail out their banks. They nationalize them and put the tax payer in front to collect from profits. The U.S. is the last bastion of crony capitalism left. - Piaw Na

It's about time. The non-removable batteries on iPod/iPhone suck. - Piaw Na

I need to do this more. - Piaw Na

Delong finally admits that Krugman is right. - Piaw Na

The bailout won't work as written, and the hope is that Paulson & Company won't rob too much of that $700b before a new administration (which hopefully won't be McCain & Company) steps in and admits that the European model is working better than the Bush model (surprise!) - Piaw Na

Looks like the G1 is already sold out! Excellent! - Piaw Na

The European countries don't screw their tax payers. They screw the rich investors of the banks. - Piaw Na