Daily Archives: October 2, 2008

The Lake Wobegon Distribution

October 2, 2008 – 12:11 pm

When being below average is a sign of exceptional talent. Well worth a read, no baseball knowledge required. HT: DF

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TheHill.com – Soros floats alternative bailout plan with Dems

October 2, 2008 – 11:34 am

Here’s an interesting idea from George Soros. Instead of the current bailout plan, he suggests getting troubled banks to issue enough extra stock to recapitalize them, with the stock being bought by the government. This would restore balance to their accounts (with extra cash on hand they wouldn’t be so extended, and their balance sheets [...]

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