- New York Times
- Another one bites the dust:
(Sorry for those who have a narrow screen and don’-t see the right part of this big chart.)
According to InTrade, here are the banks that could fail next:
- Bank United Financial
- Downey Financial
External Links About The Big Bailout:
- Reason magazine have collected opinions from the leading free-market economists on the Bailout issue.
There is no reason to expect the correct solution from the same people who created the crisis in the first place and who until very recently thought the economy was strong and that there was little or no chance of recession. [Mark Thornton]
This is a financial coup d’-etat, with the only limitation the $700 billion balance sheet figure. [Yves Smith]
- Mike Linksvayer has some additional good links…- and some strong words, too.
- Arnold Kling:
UPDATE: Paul Krugman
UPDATE: The Manhattan Institute on financial crisis and the Bailout