The Mess That Greenspan Made: Treasury Department reaches out to bloggers?

Treasury Department reaches out to bloggers?

Monday, March 23, 2009

This came in the mail a short time ago. Either someone has crafted a clever little joke on gullible little me or the Treasury Department is now reaching out to the blogosphere.
Now I'm going to have to call in to see just which one it was...

10 comments:

Tim said...: Hmmm... I just called in (reminds me of when I used to work out of a cubicle - "press star 6 to mute").

Maybe a live blogging is in order...

The WSJ blog guys are probably doing this...; March 23, 2009 7:04 AM
Tim said...: This is pretty interesting to listen in on.

Brad DeLong of U.C. Berkeley just called someone an "Energizer Bunny" after citing some 1830s British monetary policy history.; March 23, 2009 7:29 AM
Dan said...: sounds like a Pravda MLM; March 23, 2009 9:01 AM
Anonymous said...: So it's not a scam? More details, pls!; March 23, 2009 9:01 AM
Anonymous said...: grill those f..kers over the 3% risk/20% equity bargain for private investors.; March 23, 2009 9:21 AM
Tim said...: Actually, it only went on for about a half hour, twenty minutes of which were taken up by two gubment fellas - Gene Sperling and Matt Baker.

Brad DeLong wanted to know how much of the TARP funds were being used and cited a letter-writing effort by 19th century British banker Bagehot to bolster confidence (or something like that - maybe something about lending generously but at a penal rate of interest too). Then John Carney of ClusterStock asked about pricing.

They live-blogged it at ClusterStock, so you can get more details there. The BBC live blogged it as well.; March 23, 2009 9:32 AM
Tim said...: I can just imagine the discussion at the Treasury Department regarding the addition of my email address to their list. "This guy's blog is called 'The Mess That Greenspan Made'. I got his name from DeLong. Should we include him?"

Obviously, the reply was "Yes".; March 23, 2009 9:39 AM
Anonymous said...: Tim,

What were you thinking when you tried to rename the blog a while back? It is your rightful legacy.; March 23, 2009 9:42 AM
Tim said...: I'm always "too early" - even a year ago, I was thinking the name had already become quite old.; March 23, 2009 9:46 AM
Anonymous said...: >asset managers that will be "Treasury-approved"

Isn't that the job Bill Gross (Pimco) offered to do for free:

http://seekingalpha.com/article/97393-bill-gross-will-work-for-free-kind-of; March 23, 2009 11:09 AM

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