This morning in our bailout news round-up, there are several stories to cover. Geithner got the job in an easy vote despite his tax issues. Phoney has made a formal request to Treasury for $16 billion in emergency funds (they'll need much, much more before it's over). Shittygroup took possession of their new custom, corporate jet that you paid for, and the 'Thain and Lewis Tour of Lies' blossoms into a 'she said-she said' cat fight. Good stuff.
These stories plus about 30 more await you on the other side, including word of stress-release squeezable, banker dolls resembling Paulson, Bernanke and others. You can't make this stuff up.
Don't be afraid to click, we promise there are no needles. Just lean back and relax while you take a leisurely stroll down bailout lane.
Should bankers face the death penalty? clusterstock
How america embraced 'Lemon Socialism' fmr. labor secretary robert reich
Thain memo to merrill employees says Lewis KNEW about losses cat fight begins
Bank failures to spike in 2009 CNN Fortune
Bloody Monday: more than 71,000 job cuts announced today CNN Fortune has a great table in the right side column listing the total job cuts in 2009 by major corporations. it's a very long list and a great resource for those who want these numbers in an easy-to-read format.
Banks have stolen enough: Time to sieze Economist Dean Baker from the huffpo site nice read.
How to fix the bank bailout nobel economics winner 2001 Joseph Stiglitz recommended
Nationalization gets look see from Obama NYTimes
Role of news media in fiancial crisis TPM Cafe
Housing endgame chart and graph porn. wonkish.
Thain: shocked to be fired and says ken lewis KNEW about merrill losses clusterstock the cat fight continues. includes summary, full text plus video of thain interview on CNBS.
Lewis: merrill losses were a shock clusterstock via Gasbag
Geithner confirmed 60-34 it's now official.
Citi's new custom, corporate jet on your dime NY Post
Senator Levin of michigan demands geithner scuttle Citi's plane purchase thank you sen. levin
China puts limits on pay for bank managements clusterstock
Lehman's Fuld sells mansion to wife for $10 NYTimes Fuld=shady bastard
Bloomberg looks at Morgan Stanley's ceo john mack
Henry blodgett on why banks aren't lending
Newsweek Q&A with chief central banker of zimbabwe interesting
Here comes TARP version 3 and 4 John Mauldin minyanville no surprise here.
Fed moves into uncharted waters bloomberg
FDIC looks to limit the interest certain banks may pay to depositors bloomberg
Fed eyes risks of treasury purchases bloomberg
Economic cures are like booze for an alcoholic bloomberg
JPM: when i say insolvent, i mean really, really insolvent reggie middleton reggie has gotten everything right for 18 months on the banks. if you don't read him, you are not fully informed.
Bank market cap losses beautiful chart porn!
Frustration Dolls: squeeze the banker and feel better for it actual dolls of paulson, etc.