Economic Recovery Measures

Sep 19, 2009 | Blog Paper Press Release

One More FDIC Bank Closing

On Friday evening, the FDIC reported that it has taken over an additional bank (Irwin Union Bank and Trust Company) for a cost to the FDIC...
Sep 18, 2009 | Blog Paper Press Release

Financial Crisis Inquiry Commission Kicks Off Work This Week

This week, members of the 10-person, bipartisan Financial Crisis Inquiry Commission met for the first time to begin efforts to investigate the causes...

Treasury Ends Money Market Fund Guarantee

Today, the Treasury announced the end of the Guarantee Program for Money Market Funds. According to the Treasury, risk of a “catastrophic...

A Brief History of (Financial) Time

This week marks the one year anniversary of the Lehman Brothers collapse, an event that both seriously destabilized and ominously ruptured the U.S....

The Lehman Collapse -- One Year Later

This week marks the one year anniversary of the Lehman Brothers collapse, an event that both seriously destabilized and ominously ruptured the U.S....
Sep 14, 2009 | Blog Paper Press Release

Fiscal Stimulus: The CEA Report and Beyond

Is the largest fiscal stimulus package adopted in U.S. history working? Is it worth the high fiscal cost in the future? With these questions in mind...
Sep 12, 2009 | Blog Paper Press Release

Three More FDIC Bank Closings

On Friday evening, the FDIC reported that it has taken over three additional banks (Venture Bank, Brickwell Community Bank, and Corus Bank) for a...
Sep 10, 2009 | Blog Paper Press Release

CEA Releases Report on the Economic Impact of the Recovery Act

The Council of Economic Advisers has just released their first quarterly report on the economic impact of the American Recovery and Reinvestment Act...
Sep 9, 2009 | Blog Paper Press Release

Congressional Oversight Panel Reports on Bailout of Auto Industry

This morning, the Congressional Oversight panel released a report on the use of TARP funds to bailout the auto industry, stating that the federal...

Budgeting through Footnotes

 This morning, Lori Montgomery of the Washington Post reported on the decision of the Obama administration to incorporate $85 billion in tax...

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