Bailout 2.0 – What Am I Missing?

OK, let’s try this again.  Since I last commented on the bailout, the Treasury Department has dumped $25 billion into Citi and promised about $300 billion more.  I remember when $300 billion was real money.  Treasury has now spent more than half of the TARP funds.  Who knows how much worse off we’d be if … Continue reading Bailout 2.0 – What Am I Missing?