Secretary Paulson Proposes Something New: The First National Bad Bank of the United States

By: Francis Cianfrocca (Diary) | September 19th at 05:20 AM |

Today is Day 6 of the “New Trade”: the death and rebirth of the financial system as we know it. Every single day this week has brought things that no one working today has ever seen before. Yesterday was no exception It was a day of unprecedented volatility in the credit and money markets. The prices of short-duration Treasury securities traversed ranges that are usually | Read More »

Tags: bad bank, Business, Economics, Federal Reserve, finance, First National Bad Bank of the United States, Henry Paulson, MBS bailout, treasury

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moelane: #rsrh I am expecting volatile Senate results for a while.: http://t.co/RuVvNG4y0h
moelane: #rsrh Counting down to the slow-motion crash of the Obamacare exchanges.: http://t.co/D4PKg1G7wA
VladimirRS: R.I.P. Slim Whitman, Role Model and My Avatar #rsrh http://t.co/OsYV2eikC1
VladimirRS: R.I.P. Slim Whitman, Role Model and My Twitter Avatar #rsrh http://t.co/D41VHdbSNj
moelane: #rsrh For the record, with regard to the current farm bill. (Only technically SFW): http://t.co/2wbCSX2uVL
RMConservative: Dems are losing big on immigration. As if on cue, GOP senators r plotting how 2 revive them and snatch defeat from the jaws of victory #rsrh
moelane: #rsrh Oh dear God this is funny.: http://t.co/Ww5LnZljW7
cayankee: Q-Poll: CT's tax happy Gov. Malloy trails Tom Foley, the Republican he beat three years, 43% to 40%. http://t.co/4BVPfINqE9 #CTgov #RSRH
VladimirRS: Which state will win this year's Size of the Dead Zone honors? NJ? MA? HI? Last year's winner: DE. #rsrh http://t.co/rtVIl23XjG
VladimirRS: This year's GoM Dead Zone could be largest ever. Thanks, corn ethanol! @TheOilyBird #rfs #rsrh http://t.co/X0FL72TZqu
RMConservative: Here's my 2011 article on how CBO fails to understand the tax and benefit structure with income level http://t.co/riCJXJGEGC #rsrh
moelane: #rsrh Americans increasingly deciding Barack Obama really WOULD use the IRS against his foes.: http://t.co/dabBLFzvoS
moelane: #rsrh I am an American citizen. Let kings tremble*.: http://t.co/Yrf0QmXl76
RSBooBooKitty: Gloria's one Obama positive is economy slowly improving... IMHO due to businesses planning on his departure. http://t.co/jBLvOszGF1 #rsrh
RMConservative: A problem that Schumer helped create 27 years ago must be solved next week, and not a day later, according to Harry Reid #tcot #rsrh
moelane: #rsrh Tweet of the Day, @davidplouffe Comes Down With The Unskew edition.: http://t.co/0PiSv1TDWP
RMConservative: Big Ag is shooting for two goals this week -price supports in the farm bill and wage supports in the amnesty bill #rsrh
moelane: #rsrh Wait. Hurricane Katrina was *BAD* for the GOP, right?: http://t.co/jtO1dNTGoo
moelane: #rsrh Is the IRS *unduly* targeting pro-Israel groups for scrutiny?: http://t.co/0srzbOXIEe
moelane: #rsrh QotD, The Answer To "Who Is Obama?" Is "Disinterested" Edition.: http://t.co/hKfYYNN3WB
presjpolk: Oh man, those anti-Science Republicans. Oh wait, this is the Obama administration again. http://t.co/GixzLhYv4j #rsrh
moelane: #rsrh So, basically, a staffer has made @SenWhitehouse look like an absolute idiot: http://t.co/gKliIJhmCW Rookie mistake, that.
moelane: #rsrh Eric Holder's permanent seat in the barrel.: http://t.co/KmpsBXikGs
moelane: #rsrh Connecticut stops offering Hollywood a luxurious tax break.: http://t.co/Zij2OOVVs9
moelane: #rsrh QotD, I Would Pay Twenty Dollars To See Darth Cheney Do This Edition.: http://t.co/b4aWf51X3y
moelane: #rsrh #DNC flirting with insurance fraud?: http://t.co/HJK7th9A2M
moelane: #rsrh Gee, I wonder how many people who hate GMOs also drink beer?: http://t.co/0KF3ZD0f0j
moelane: #rsrh The war for "Happy Birthday.": http://t.co/FIb2iD8EUU
moelane: #rsrh Bankruptcy endgame for Detroit?: http://t.co/wNCLTbc2GE
moelane: #rsrh Chuck Schumer lectures Mike Bloomberg on gun control message.: http://t.co/BoCGQvSafK

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Secretary Paulson Proposes Something New: The First National Bad Bank of the United States

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