Duff and Phelps, which tends to be the rating agency you go to if S&P or Moody's won't rate you highly enough, provides a convenient evaluation table (p. 22 of this report) for the marvelous negotiating techniques and acquisition skills of the previous Administration.
Since the current Administration is now threatening to continue with the same effort, any cause for optimism is sadly misplaced.
(h/t Joseph N. DiStefano)
Update: DOLB
I apologize if Ken minds me adding this, but Elizabeth Warren talked about exactly this last night on Rachel Maddow's show.
Related Posts by Categories
bailout- TARP, Yet Again: Inflationary?
- Thanks to Ben Bernanke, Ben Bernanke Doesn't Need to be Reappointed as Fed Chair
- Peter Dorman of Econospeak Writes, So I Don't Have To
- PPIP: Bad, Maybe, But Not THAT bad
- Back-of-the-Envelope: Making Sense of TARP
- Dear Brad and Mark (et al.)
- From Insurance to Kleptocracy, with Graphics
- Being sub-A, we try harder?
- If You Think I Believe it's 1931 Again, You Should Ask the Greek Guy
- For those who are interested in not staying in Hooverville II
- Thought-Experiment: Assets and Securities
- Risk and Aversion, Take 2
- The Two Sides of AIG
- This Makes More Sense--or Does It?
- Can We Stop Pretending Nationalisation is a Bad Idea? The WSJ has.
- Still KISSING income inequality
- A Spoonful of Sugar and TARP Part 2
- The Only Good Crowding-Out Argument
- Simple Answer to a Simple Question
- Legacy Merrill Lynch employees better hope BofA doesn't declare bankrutcy before late June
- Random Notes, or, More Posts I Don't Have to Write
- GMAC Flashback
- "Ben Tre Logic" Redux: History Repeats Itself
- "Ben Tre Logic" Redux: History Repeats Itself
kleptocracy- Back-of-the-Envelope: Making Sense of TARP
- From Insurance to Kleptocracy, with Graphics
- If You Think I Believe it's 1931 Again, You Should Ask the Greek Guy
- Thought-Experiment: Assets and Securities
- Quote of the Day on Executive Pay
- If Ever There Were a Tipping Point in the Nationalisation Discussions...
- I'd like to refinance, please.
- I'd like to refinance, please.
- English translation, or Kleptocracy Defined
- English translation, or Kleptocracy Defined
- Felix Salmon Explains It All to You
- Felix Salmon Explains It All to You
- "A Man With a Briefcase Can Steal More Money than any Man with a Gun"
- "A Man With a Briefcase Can Steal More Money than any Man with a Gun"
- Maybe Not This Time...
- Maybe Not This Time...
- How NOT to Manage a Taxpayer-Funded Bailout
- How NOT to Manage a Taxpayer-Funded Bailout
- Wells Fargo: the FDIC didn't blink, so Paulson intervened?
- Wells Fargo: the FDIC didn't blink, so Paulson intervened?
- The Counterpoint to CR's Argument, as Stated Below
- The Counterpoint to CR's Argument, as Stated Below
Post a Comment