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Tag Archives: TALF
The Public-Private Investment Voodoo
Each of the three programs announced by the Secretary of the Treasury today has the same theme: the private investor has a limited downside and a huge upside – the American taxpayer bears almost all the downside and gets shafted … Continue reading
Posted in Finance
Tagged Campbell Harvey, Financial Crisis, PPIF, PPIP, Public-Private Investment Program, TALF, Treasury
11 Comments
The Ghost of Paulson-Past
What we saw yesterday was more of the same. I was flabbergasted that the plan was so light on details. They have had 3 months to put something together and the best they could deliver is a 7-page fact sheet. … Continue reading
Posted in Finance
Tagged Campbell Harvey, Federal Reserve, Financial Crisis, Geithner, PPP, TALF, TARP, Treasury
1 Comment