PEN-L
mailing list archive
[ Other Periods
| Other mailing lists
| Search
]
Date:
[ Previous
| Next
]
Thread:
[ Previous
| Next
]
Index:
[ Author
| Date
| Thread
]
Re: [Pen-l] IndyMac vs. Citi
- To: Progressive Economics <pen-l@xxxxxxxxxxxxxxxxxx>
- Subject: Re: [Pen-l] IndyMac vs. Citi
- From: Jim Devine <jdevine03@xxxxxxxxx>
- Date: Sat, 21 Mar 2009 12:23:18 -0700
- Dkim-signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=gmail.com; s=gamma; h=domainkey-signature:mime-version:received:in-reply-to:references :date:message-id:subject:from:to:content-type :content-transfer-encoding; bh=1rCMwSzZ4yd6johcuqKQ73J343bmtr5vpAAbcZhpB3Y=; b=T48UaXfeOlwFmxmAIuVzVog9pvdHrreoFJrd8OtT/WyI64cxaAYIUkG4e6PwHRxek4 bB0lB4zf+JXogK0ULxSdZFJNN4RLY52xal5Zb/H1cwCcvkUhXTAFwwRi+fnKe31TDNP/ VyLJAwdxTtyZtu5oRl6KkstR9e4ZFkuyc/HZA=
- Domainkey-signature: a=rsa-sha1; c=nofws; d=gmail.com; s=gamma; h=mime-version:in-reply-to:references:date:message-id:subject:from:to :content-type:content-transfer-encoding; b=tWL4zi0OBpLTinUEP9eVeYE30N65vtqqT/5b2lywuSVwTfB9Tvzg8D8u0G+dJe3aSW ITDyZOrJCDIHlGX+6DMNPhnS6xJUl/FLJKF+pvnjvtHMYat+rFuYmsvvVV+Sp8MjLmqy dqgbrbh1/Ow+tib0GwsIgV26ZtxMza7IGAHPQ=
michael perelman wrote:
> What explains why the successful treatment of IndyMac has not been repeated
> with the TBTF operations? Is it that IndyMac was not part of the old boys
> club?
It's likely that the IndyMac take-over/rescue occurred when the
financial powers that be were still in denial (or, more charitably,
that the full nature of the financial crisis had not been revealed
yet) and the FDIC was simply following standard operating procedures.
--
Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own
way and let people talk.) -- Karl, paraphrasing Dante.
_______________________________________________
pen-l mailing list
pen-l@xxxxxxxxxxxxxxxxxx
https://lists.csuchico.edu/mailman/listinfo/pen-l
- Thread context:
- [Pen-l] What changes my proxy server settings,
michael perelman Sat 21 Mar 2009, 20:13 GMT
- [Pen-l] computer question regarding proxy servers,
michael perelman Sat 21 Mar 2009, 20:04 GMT
- [Pen-l] test, ignore,
Michael Perelman Sat 21 Mar 2009, 20:03 GMT
- [Pen-l] IndyMac vs. Citi,
michael perelman Sat 21 Mar 2009, 18:38 GMT
- [Pen-l] Brute Force,
Louis Proyect Sat 21 Mar 2009, 15:51 GMT
- [Pen-l] reject GDP worship but do not reject GDP completely [was: Is Summers correct about this?,
Jim Devine Sat 21 Mar 2009, 15:43 GMT
- [Pen-l] new bail-out proposal,
Jim Devine Sat 21 Mar 2009, 14:34 GMT
[ Other Periods
| Other mailing lists
| Search
]