November 14, 2008

Accountability Needed With Bailouts

Source: New York Times

If you are going to hand out rescue packages, it helps to understand how bad the problem is, and to have some grasp of what is needed to fix it.

November 14, 2008

U.S. Sneezes, and Nearly Everyone Catches a Cold

Source: Floyd Norris, New York Times

THIS was the fall that the orders stopped coming. In nearly every major economy, companies have reported a slowing in business, which seems to have begun at about the time that Lehman Brothers failed in mid-September. The credit...

October 14, 2008

Getting The Lenders To Lend; A CRISIS IN FINANCE

Source: The International Herald Tribune
Floyd Norris - The New York Times Media Group

Mark Landler contributed reporting.

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But will the banks lend to each other? At the end of a weekend when nearly all of the world's major bankers and finance ministers gathered in Washington to stanch the global credit crisis,...