Stimulus Package

Downturn hits rates of debt recovery
"Investors face the prospect of much steeper losses on the debts of distressed companies in the credit crunch than in previous downturns".

Is Government Spending Too Easy an Answer?
"All these questions should give Congress pause as it considers whether to increase spending to stimulate the economy. But don’t expect such qualms to stop the juggernaut. The prevailing orthodoxy among the nation’s elite holds that increased government spending is the right medicine for what ails the economy".


Paulson Bank Bailout in ‘Great Stress’ Misses Terms Buffett Won
"Henry Paulson’s bank bailouts, done under “great stress” during the worst financial crisis since the Great Depression, failed to win for U.S. taxpayers what Warren Buffett received for his shareholders by investing in Goldman Sachs Group Inc."

Why Big Tax Cuts Are Essential
"I believe that Obama’s $300 billion tax cut is essential to ‘recapitalize’ the American consumer, just like the banks are being recapitalized".

Geithner Preparing Overhaul Of Bailout
"Confronted with intense skepticism on Capitol Hill over the $700 billion financial rescue program, Treasury Secretary nominee Timothy F. Geithner and President-elect Barack Obama's economic team are urgently overhauling the embattled initiative and broadening its scope well beyond Wall Street, sources familiar with the discussions said".


2008 Review: Latency--When Microseconds Count
"Brokers stepped up latency tracking in their network infrastructure, the market data they receive, and the message response rates from exchanges and ECNs. That enables them to rapidly identify and scoop up liquidity wherever it resides, and to discern problems with tardiness in data transmission as they arise".

Cloud Computing Begins to Gain Traction on Wall Street
"Though cloud computing often is little understood, it is among the hot technologies for 2009, and it stirs up strong emotions among both supporters and detractors".