Naming The Bad Bank
It is becoming painfully clear that we cannot just throw a TARP over our current financial crisis and make it go away. Now our financial wizards are discussing the creation of a bad bank which would buy up all of the non performing assets and enable the good banks to move forward with a clean slate.
The Bad Bank needs a name. Wonks Anonymous calls upon punsters and wonks everywhere to put on their thinking caps and come up with suggestions. Perhaps Economix, the NY Times economics blog, can take up the cause.
Wonks Anonymous will draw on his background in health care to provide this suggestion: The Greenspan Hospice for Homeless Securities.
The Bad Bank needs a name. Wonks Anonymous calls upon punsters and wonks everywhere to put on their thinking caps and come up with suggestions. Perhaps Economix, the NY Times economics blog, can take up the cause.
Wonks Anonymous will draw on his background in health care to provide this suggestion: The Greenspan Hospice for Homeless Securities.



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