Good enough to share: Meltdown edition ~ Brand Mix

Saturday, September 20, 2008

Good enough to share: Meltdown edition

Here's what's usually my weekly summary of interesting and entertaining posts and articles. But this was a week that was a little wild on the financial front so this week I'm going to focus on that. Let's start with what the hell has been doing on for the last ten days:

1) Diamond and Kashyap on the Recent Financial Upheavals: Freakonomics
Doug Diamond and Anil Kashyap from the University of Chicago discuss what has happened in the financial sector in the last few days, why it happened, and what it means for everyday people.

Since that post was written, the government has gone in even deeper with a massive rescue plan($700 billion) to buy bad mortgages.

2) What We Need To Know About The Bailout Plan: Forbes
Ten questions that Congress should be asking before giving away our money including #10: will this end the credit crisis?

3) Why Paulson is Wrong: Luigi Zingales (University of Chicago)
A vote against the bailout: "The appeal of the Paulson solution is that it taxes the many and benefits the few." Another vote against here.

4) Stopping the Panic: Wall Street Journal Opinion
A vote for the bailout: "With the government already deeply implicated in financial markets -- and a substantial cause of the mistakes leading to the panic -- Treasury and the Federal Reserve had to act to prevent a crash"

5) What Did You Miss If You Took This Week Off? The Big Picture
Incredibly, despite all the excitement of the week, by the numbers, not much happened.

See you next week--hopefully things will have calmed down so I can get back to more branding stories.

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