Thursday, May 6th, 2010
As if there were ever any doubt that the worst banks on the block were the two run by Barney Frank and Chris Dodd, CBO now confirms that rescuing Fannie and Freddie will cost taxpayers at least $389 billion.
Of course lots of the money spent on the twins indirectly goes to bailing out the other [...]
The real cost of the bailout
Tags: Andrew Redleaf, CBO, Dodd/Frank, Fannie and Freddie, Richard Vigilante
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Tuesday, April 27th, 2010
David Brooks Joins Morgenson in Noticing the Real Problem with Dodd/Frank
Who regulates the regulators?
In the wake of Gretchen Morgenson’s terrific column yesterday we just didn’t think the New York Times could ever make us happier. Then they do it again. I won’t rehash David’s column here. Go read it.
We will just say that on the [...]
The NYT goes two for two!
Tags: David Brooks, Dodd/Frank, Financial regulatory reform, Gretchen Morgenson
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