tag:typepad.com,2003:weblog-7413 2008-10-12T09:32:00-04:00 You know, this conversation doesn’t help my kids. TypePad tag:typepad.com,2003:post-56847603 2008-10-12T09:32:00-04:00 2008-10-12T09:32:10-04:00 Tom Maguire Still on the road. tag:typepad.com,2003:post-56847557 2008-10-11T09:31:00-04:00 2008-10-11T09:31:15-04:00 Tom Maguire Here we go. tag:typepad.com,2003:post-56838573 2008-10-10T22:32:04-04:00 2008-10-10T23:01:48-04:00 Tom Maguire Per the Times Caucus blog Sarah Paulson picked up the Washington Times story that Obama interfered with and attempted to influence Iraqi Foreign Minister Zebari while the Bush Administration was trying to negotiate the status of US forces in Iraq.... tag:typepad.com,2003:post-56838175 2008-10-10T22:09:31-04:00 2008-10-10T22:09:45-04:00 Tom Maguire Treasury Secretary Paulson had a press conference after the G7 meeting and discussed his plans to spend $700 billion. Direct equity purchases are highlighted, and his statement includes an interesting twist: As we develop plans to purchase equity, as in... tag:typepad.com,2003:post-56827683 2008-10-10T16:16:50-04:00 2008-10-10T17:57:11-04:00 Tom Maguire CNBC has a sketchy outline of the latest Paulson-Bernanke plan to deploy the $700 billion rescue fund to add bank capital: According to senior government officials, the plan is to offer a term sheet, offering capital injections to all banks.... tag:typepad.com,2003:post-56816401 2008-10-10T11:57:48-04:00 2008-10-10T11:58:07-04:00 Tom Maguire For this she is qualified: Sarah Palin is doing "Saturday Night Live." Not Tina Fey doing Sarah Palin doing "Saturday Night Live." But the Sarah Herself. She has already OK'd it. She's booked. It's confirmed. Done deal. Sketches are being... tag:typepad.com,2003:post-56811951 2008-10-10T10:27:53-04:00 2008-10-10T15:43:17-04:00 Tom Maguire The Dow opened down about 800 (Yahoo said down 1000 but I don't have confidence in their system just now) and is currently down about 80 (the NASDAQ is actually green, at +2). My guess: With the G7 meeting it... tag:typepad.com,2003:post-56811497 2008-10-10T10:17:53-04:00 2008-10-10T10:18:39-04:00 Tom Maguire The Wash Times revives the story that caused a stir several millenia ago, telling us that Obama did urge the Iraqi Foreign Minister Zebari to delay an agreement that the Bush Administration was eager to complete. The Wash Times also... tag:typepad.com,2003:post-56787283 2008-10-09T19:11:54-04:00 2008-10-09T20:59:26-04:00 Tom Maguire The CP market is now shrinking more slowly than last week. Not the same as expanding... [More at the Wall Street Journal blog.] Here is some Bloomberg coverage. YIKE: Excess reserves at the Fed were $68 billion at the last... tag:typepad.com,2003:post-56785869 2008-10-09T18:21:30-04:00 2008-10-09T18:21:43-04:00 Tom Maguire I'll be very busy for the next few weeks... Well, I will be if that link works, anyway. tag:typepad.com,2003:post-56780533 2008-10-09T16:21:52-04:00 2008-10-09T16:22:09-04:00 Tom Maguire Brad DeLong argues that McCain's mortgage relief plan (as best anyone can decipher it - see Business Week, Newsweek, NY Magazine, Stephen Spruiell of NRO, McCain's website) is a huge giveaway to lending banks. But his broader conclusion is that... tag:typepad.com,2003:post-56779965 2008-10-09T16:09:27-04:00 2008-10-09T16:09:39-04:00 Tom Maguire IMHO the decision to let Lehman go bust as an inspiration for the rest of us has been a disaster - the most dramatic consequence was that a major money market fund "broke the buck" and all money market funds... tag:typepad.com,2003:post-56779123 2008-10-09T15:50:57-04:00 2008-10-09T15:55:11-04:00 Tom Maguire This Times story about Alan Greenspan and the sad history of the non-regulation of the derivatives market masks an important point - not all derivatives are created equal. Although the Times does not make a distinction, the scuffling in the... tag:typepad.com,2003:post-56778371 2008-10-09T15:35:57-04:00 2008-10-09T15:36:11-04:00 Tom Maguire Oh, my - the good news disappeared while I turned away. Earlier, around 11AM, the good news was that Treasury rates were up (prices down) by 10-15 basis points across the spectrum from three month to thirty years. That suggested...