-
Checkout my iOS App -
Recent Posts
Recent Comments
- charvey on Bundesbank Special Ops Group (Deutsche Mark Reappears?)
- Lars Erik Morin on Bundesbank Special Ops Group (Deutsche Mark Reappears?)
- Austin Kairnes on Three intro videos on Bitcoin
- Johnd269 on The Last Man Standing
- Johna689 on QE Won’t Work This Time
Archives
- April 2020
- January 2015
- August 2014
- July 2014
- June 2014
- April 2014
- May 2013
- November 2012
- October 2012
- September 2012
- July 2012
- May 2012
- April 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- November 2010
- October 2010
- September 2010
- July 2010
- May 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
Categories
Meta
Tag Archives: Treasury
Wrong time, wrong place for floating rate debt
Testifying before Congress back in 1993, when interest rates were 7.5%, I advocated shifting some of the Federal debt to floating rate debt. If the Treasury had shifted half of the debt to floating rate at that time, they would … Continue reading
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
Brother, Can You Spare a Trillion?
The (in)famous Credit Default Swap (CDS) market provides the market’s best guess that an issuer will default on its debt. A low spread is good. A high spread is bad. Check this out. Campbell Soups’ (no relation!) CDS is less … Continue reading
Posted in Finance
Tagged Campbell Harvey, Campbell Soups, CDS, Federal Reserve, Financial Crisis '08, Mortgage Equity Withdrawals, TARP, Treasury
2 Comments
The Shroud of Citigroup
Image courtesy of flickr/Bill Barfield It wasn’t that long ago that Citigroup was considered a “good” bank. Remember October 1, 2008? Citigroup announced it was acquiring Wachovia with the help of the FDIC. You had to be strong to do … Continue reading
Posted in Finance
Tagged Campbell Harvey, Citigroup, FDIC, Financial Crisis '08, TARP, Treasury, Wachovia
4 Comments