BWOTAE

Big Waste of Time and Energy

  • Home
  • About
RSS Subscribe RSS

The Swedish Solution (or not)

Written by ray on February 19, 2009 - 0 Comments
Categories: Failing Businesses

When talking about nationalizing banks Sweden is often mentioned as a model for success. The problem is, this isn’t exactly true. Planet Money talked to the vice chairman of the Swedish Central Bank. The high points: 1. Sweden had only 4 to 6 big banks (big relative to their economy) 2. The government owned 80% [...]

Read more »

Share your thoughts..

Government Transparency

Written by ray on October 21, 2008 - 0 Comments
Categories: Government

The government promised transparency related to the bailout. That transparency doesn’t extend to how much companies receive in order to manage the bailout. Mellon Bank will administer the auctions and then track the assets and their disposition. The amount of Mellon’s compensation is redacted from the contract. The the contracts for the accounting firms that [...]

Read more »

Share your thoughts..

  • Categories

    • Books
    • Copyright
    • corporate america
    • Corporate Greed
    • Cyber Crime
    • Diet
    • DRM
    • Failing Businesses
    • Government
    • Links
    • Misc
    • Politics
    • Privacy
    • Quick Takes
    • Saving Money
    • Sports
    • The Web
  • Blogroll

    • Bailout Sleuth
    • FiveThirtyeight Election Projections
    • Planet Money
    • rucyrious.com
    • The OS Quest

Admin Login

Powered by frugal


Copyright © 2010 BWOTAE