Picks of the Week

“Paying fair market values for the assets will not work. Only by overpaying for the assets will the banks be adequately recapitalized. But overpaying for the assets simply shifts the losses to the government. In other words, the Geithner plan works only if and when the taxpayer loses big time.”

– Joseph E. Stiglitz

The picks of the week from around the web.

  • New York Times“Obama’s Ersatz Capitalism”. Short, sharp editorial on the Geithner-mastered bank bailouts by the Nobel laureate economist Joseph E. Stiglitz. Read it.
  • Ruppert/Mulot — Championnat de bras de fer. Another jam comics project from the dynamic duo that brought you the impressive Maison close. This conception of this simpler one, which sees a number of cartoonists from the French-language alternatives scene arm-wrestling each other in comics form, antedates the latter and provided the basic model for it, and finally the first round of the competition is online. Go see all your favourites strongarming each other off the page!
  • 1 Response to “Picks of the Week”


    Comments are currently closed.