Month: November 2008

Breaking the Bailout

The collection of furtive shenanigans we’ve come to call The Bailout took an extraordinary turn at the start of the week when we guaranteed hundreds of billions of dollars for yet another diminished ex-titan of Wall...

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The Next Crisis Cometh

Like the second eruption of a volcano, retail commercial mortgages are the coming second wave of the meltdown, my friends. So say a fond farewell to your favorite malls and hotels this Christmas, as we may have only their empty...

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Foreign Policy Staffing Decisions

While Peter Beinert is quite possibly correct to predict that Barack Obama’s foreign affairs nominations are meant to protect his right flank so that he can safely move to the left, he doesn’t address one topic that...

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