Embedded Systems Conference
Breaking News
Comments
Newest First | Oldest First | Threaded View
Grainger
User Rank
Author
re: Opinion: $700B bailout plan repeats subprime mistakes
Grainger   9/30/2008 6:56:01 PM
NO RATINGS
The failed mortgages are only part of the story. Unfortunately, the mortgages resulted in investment derivatives in which many banks and investment firms poured money. The damage could very well be far worse than many think. Philosophically, I am opposed to a bailout and the accompanying government meddling. As a practical matter, I think the risks go well beyond our own economy, although we will get hit quite hard.

oldeman
User Rank
Author
re: Opinion: $700B bailout plan repeats subprime mistakes
oldeman   9/26/2008 6:21:53 PM
NO RATINGS
If the banking industry can't make ends meet, then let them fold. Maybe someone new can do the job correctly. The main problem right now is simply there is no accountability anywhere in this country. They want to stop CEO's from making huge amounts of money if they get bailout money--good. Now add those who profitted from this-the stockholders cannot make huge amounts of money. Make this backdated for the last five years. That will stop the problems from happening again. oldeman

Peter Levin
User Rank
Author
re: Opinion: $700B bailout plan repeats subprime mistakes
Peter Levin   9/26/2008 11:53:56 AM
NO RATINGS
Bolaji, thanks for writing this important article. There's a lot that you have exactly right. With respect, you're factually mistaken on whether the government will be able to recoup the $700 billion, never mind with a profit. The details are subtle but incredibly important (and important for people to understand): the government will NOT simply accept the assets at the price currently in the books of the distressed lenders. One of the questions holding up the debate is: how deep should the write-down be? It is unlikely that the taxpayers will recoup the entire amount; the RTC of the late nineties ended up spending about $90 billion for failed savings and loan banks; this bill will be larger. But probably not $700 billion. I've written more about this on my blog: peterlevin.wordpress.com



Radio
LATEST ARCHIVED BROADCAST
As data rates begin to move beyond 25 Gbps channels, new problems arise. Getting to 50 Gbps channels might not be possible with the traditional NRZ (2-level) signaling. PAM4 lets data rates double with only a small increase in channel bandwidth by sending two bits per symbol. But, it brings new measurement and analysis problems. Signal integrity sage Ransom Stephens will explain how PAM4 differs from NRZ and what to expect in design, measurement, and signal analysis.

Datasheets.com Parts Search

185 million searchable parts
(please enter a part number or hit search to begin)
Most Recent Comments
TFCSD
 
TFCSD
 
TFCSD
 
resistion
 
Tim R Johnson
 
resistion
 
docdivakar
 
David Ashton
 
TechRoadRash
Most Recent Messages
2/13/2016
10:42:58 PM
Like Us on Facebook
Special Video Section
The LTC®6363 is a low power, low noise, fully differential ...
Vincent Ching, applications engineer at Avago Technologies, ...
The LT®6375 is a unity-gain difference amplifier which ...
The LTC®4015 is a complete synchronous buck controller/ ...
10:35
The LTC®2983 measures a wide variety of temperature sensors ...
The LTC®3886 is a dual PolyPhase DC/DC synchronous ...
The LTC®2348-18 is an 18-bit, low noise 8-channel ...
The LT®3042 is a high performance low dropout linear ...
Chwan-Jye Foo (C.J Foo), product marketing manager for ...
The LT®3752/LT3752-1 are current mode PWM controllers ...
LED lighting is an important feature in today’s and future ...
Active balancing of series connected battery stacks exists ...
After a four-year absence, Infineon returns to Mobile World ...
A laptop’s 65-watt adapter can be made 6 times smaller and ...
An industry network should have device and data security at ...
The LTC2975 is a four-channel PMBus Power System Manager ...
In this video, a new high speed CMOS output comparator ...
The LT8640 is a 42V, 5A synchronous step-down regulator ...
The LTC2000 high-speed DAC has low noise and excellent ...
How do you protect the load and ensure output continues to ...