Category Archives: bailout
Clunker Cartoon
If you want to buy a used car for less than $4500, your uncle just outbid you.
Mum on Merrill
Bank of America shareholders are not happy about being infected by Merrill Lynch’s toxic assets. Ken Lewis, the fired chairman, says Paulson and Bernanke pressured him to keep Merrill Lynch’s sickly condition secret while Bank of America acquired it. Here’s a story in Forbes and here is a WSJ editorial.
