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Name That Bailout

19 Sep 2008 11:22 am

One proposal, per Calculated Risk: TARP -- Troubled Asset Relief Program  -- as in -- covering it all up.

Any other suggestions?

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Who knows what's going to happen with this bailout, but what's the alternative? This intervention, at least, has the chance to contain the mortgage fallout without dragging down the pillars of our economy.

Is Paulson using the short-selling ban to pressure Wall Street into pressuring Congress to get a deal done?

Where will the hundreds of billions of dollars come from?

Who gets off easy?

What becomes of moral hazard?

Should Congress get this done quickly, even if it produces a flawed product? Or it should it take a few weeks and get it done right?

Is the administration of the new RTC or whatever it turns out to be THE big task facing the next president?

More from Robert Reich, Cafe Hayek, Calculated Risk, the Atlanta Fed, Econlog, Gerard BakerTyler Cowan,  and David Frum.

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