Posts Tagged ‘capital assistance program’

Is The Capital Assistance Program Structured Backwards?

James Kwak has an excellent post up on The Baseline Scenario about the government’s Capital Assistance Program. His contention is that Treasury structured its convertible preferred stock investment backwards. To summarize his position, he argues that the government gave the banks the right to put common shares to the government by forcing conversion of the […]

Banks, Taxes And Health Care: Programs For All

I’ve been somewhat occupied this afternoon and there is a lot that’s happening. Let me offer a few quick observations on the Obama tax/healthcare¬†proposals and give you some links to the other important items. Details of the means that President Obama intends to employ to pay for his goal of extending health care to everyone […]