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Academic

: Conglomerate

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By Gordon Smith, Christine, Hurt, Vic Fleischer, Fred Tung, Lisa Fairfax, David Zaring

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  • The blogs are thrumming with praise for David Wessel's book on the crisis, and I must add my voice to the choir.  It's a tick-tock, and I'm a bit tired of those - would it kill reporters to have themes?  Do you really want to know what time the final phone call on the AIG bailout ended?  But so many excellent details (Vikram Pandit exclaiming "this is really cheap capital!" when told what he'd be getting from the TARP, Mark Thoma has a list of others), really astonishing reporting.  And best of all, like Economics of Contempt says, it seems accurate.  Book of the crisis so far, and I've consumed many of them.
  • One thing Wessel's book does do is make Sheila Bair look very uncooperative, and obsessed with mortgage relief, though usefully inclined to a hard line with Wall Street when it comes to a bailout.  Maybe Wessel is sexist, like all the other men involved in crisis; Moe Tkacik's subtle analysis is here, via Ezra Klein.  Here's Ryan Lizza's profile of Bair if you haven't seen it.
  • Welcome to the blogosphere, Policy Court!  Which delivers opinions on economic policy Supreme Court style.  It has a nice, clean design.

Full post as published by Conglomerate on August 11, 2009 (boomark / email).

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