Lisa forwarded us the link to the PDF of a new think tank report: Manning the barricades: Who’s at risk as deepening economic distress foments social unrest
Q: What if markets never recover, the assets are not fundamentally undervalued, and even when held to maturity the government doesn’t make back its money?
A: Then we have worse things to worry about than government losses on TARP-program money–for we are then in a world in which the only things that have value are bottled water, sewing needles, and ammunition.”
Reader D.D. suggested this from Jim Jubak: Fluke? Credit crisis was a heist
Also from D.D.: The five biggest lies on Wall Street
Items from The Economatrix:
Another Saab (Sob) Story: Sweden Says No to Saving Saab