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Instant Bankout Education

Nobel Prize-winning Paul Krugman despairs over the plan as he understands it now (we’ll see if that changes now that we have an “official” unveiling”).

Also-very-smart Brad DeLong shares a less popular but sunnier outlook and offers an FAQ. He also reassures us that if toxic assets are not already fundamentally under-valued, “then we have worse [...]

Egg, Meet Face

If you enjoy the gallows humor, then the last few days since it was revealed that AIG is paying big bonuses to the managers that ran their business into the ground have probably been a real laugh riot for you.

Personally, I think that Dodd, Geithner & Obama deserve every bit of egg they get on their [...]