Willem Buiter - whereIstand.comhttp://whereistand.com/WillemBuiter/whereIstand.com: Willem Buiter - whereIstand.comhttp://whereistand.com/WillemBuiter/ThumbnailWillem Buiter - whereIstand.comhttp://whereistand.com/WillemBuiter/en-usCopyright 2004-2008 whereIstand.com, Inc. All Rights Reserved.Fri, 05 Dec 2008 11:54:49 GMTwhereIstand.com 2.3nick@whereIstand.comnick@whereIstand.comauthor added
Argues the House should have passed the bailout bill the first time or at least proposed and passed something very similar
The federal government should pass the proposed $700 billion financial system bailout. (Financial Crisis - 2008)http://whereistand.com/WillemBuiter/60431http://whereistand.com/WillemBuiter/60431Wed, 19 Nov 2008 00:49:49 GMT<div> <em>Argues the House should have passed the bailout bill the first time or at least proposed and passed something very similar</em> </div>Financial Crisis - 2008author added
Thinks the passage of the bailout will help avoid the next Great Depression
The 2008 financial crisis will not lead to another economic depression. (Financial Crisis - 2008)http://whereistand.com/WillemBuiter/61951http://whereistand.com/WillemBuiter/61951Tue, 18 Nov 2008 17:47:13 GMT<div> <em>Thinks the passage of the bailout will help avoid the next Great Depression</em> </div>Financial Crisis - 2008author added
"The increase in the insured deposit limit is a bad idea."
Congress should not increase the cap on federally insured bank deposits. (Bailout of U.S. Financial System )http://whereistand.com/WillemBuiter/61008http://whereistand.com/WillemBuiter/61008Mon, 17 Nov 2008 23:38:57 GMT<div> <em>"The increase in the insured deposit limit is a bad idea."</em> </div>Bailout of U.S. Financial System author added
No suspension or watering down of mark-to-market valuation of bank assets
Mark-to-market accounting should not be suspended. (Financial Crisis - 2008)http://whereistand.com/WillemBuiter/54641http://whereistand.com/WillemBuiter/54641Fri, 31 Oct 2008 16:46:24 GMT<div> <em>No suspension or watering down of mark-to-market valuation of bank assets</em> </div>Financial Crisis - 2008author added
Would dangerously increase the total capital of the banking sector and would continue the nationalisation of the banking sector
Governments should not infuse capital directly into failing banks as part of their response to the financial crisis. (Bailout of U.S. Financial System )http://whereistand.com/WillemBuiter/62291http://whereistand.com/WillemBuiter/62291Fri, 31 Oct 2008 16:46:05 GMT<div> <em>Would dangerously increase the total capital of the banking sector and would continue the nationalisation of the banking sector</em> </div>Bailout of U.S. Financial System author added
"...if there ever was a case for applying the precautionary principle in economic analysis, then this is it."
AIG should have been bailed out by the federal government. (Bailout of U.S. Financial System )http://whereistand.com/WillemBuiter/59805http://whereistand.com/WillemBuiter/59805Mon, 22 Sep 2008 18:06:41 GMT<div> <em>"...if there ever was a case for applying the precautionary principle in economic analysis, then this is it."</em> </div>Bailout of U.S. Financial System author added
"If the US Treasury...were to offer financial support for a resue of Lehman...the floodgates could open and the fiscal-financial positions of the US Federal government could be materially affected."
Lehman Brothers should not have been bailed out by the federal government. (Bailout of U.S. Financial System )http://whereistand.com/WillemBuiter/59778http://whereistand.com/WillemBuiter/59778Fri, 19 Sep 2008 22:14:47 GMT<div> <em>"If the US Treasury...were to offer financial support for a resue of Lehman...the floodgates could open and the fiscal-financial positions of the US Federal government could be materially affected."</em> </div>Bailout of U.S. Financial System author added
There is nothing wrong with a naked short position per se
The SEC should not strengthen regulations on short selling. (Financial Markets)http://whereistand.com/WillemBuiter/56425http://whereistand.com/WillemBuiter/56425Thu, 11 Sep 2008 19:51:50 GMT<div> <em>There is nothing wrong with a naked short position per se</em> </div>Financial Marketsauthor added
"If we are going to have them at all, let’s have them of either gender or none."
Women should serve as clergy. (Religion)http://whereistand.com/WillemBuiter/14819http://whereistand.com/WillemBuiter/14819Mon, 21 Jul 2008 16:28:46 GMT<div> <em>"If we are going to have them at all, let’s have them of either gender or none."</em> </div>Religionauthor added
"Fannie and Freddie ought to have been nationalised."
Fannie Mae and Freddie Mac should be nationalized. (Financial Crisis - 2008)http://whereistand.com/WillemBuiter/53103http://whereistand.com/WillemBuiter/53103Fri, 18 Jul 2008 19:10:00 GMT<div> <em>"Fannie and Freddie ought to have been nationalised."</em> </div>Financial Crisis - 2008