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stimulus plans

Trading > 247Wallst

Sort Of Nationalizing Citigroup (C)

247Wallst | Mon, 02/23/2009 - 11:34am | bank nationalization, C, Citigroup, nationalizing banks, stimulus plans |  Add a comment

The Wall Street Journal says that the federal government is in talks to put more capital into Citigroup (C) and may end up owning 40% of the big banks. According to the paper, “While the discussions could fall apart, the government could wind up holding as much as 40% of Citigroup ... Read t ... Read more

Stock Investing > Organizations and Markets

Disaster Socialism

| Wed, 01/28/2009 - 1:06pm | creeping socialism, government expansion, government overaction, government reaction, government response to crises, silly Congress, stimulus plans |  2 comments

| Peter Klein | As I noted elsewhere yesterday , the “stimulus” bill making its way through Congress is a fine illustration of the Higgs effect , the tendency of government to expand massively in response to “crises,” real or imagined. Naomi Klein’s ... Read the full post ... Read more