Top stories published by Keith Hennessey in March of 2009

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Top Stories published by Keith Hennessey in March of 2009

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2009

March

Keith Hennessey in Keith Hennessey

Mar 31, 2009

Is $700 billion enough? Part 3: Secretary Geithner says we have more room

Last Friday I posted that I thought the Administration had less than $40 B of room remaining in the TARP. The Wall Street Journal reported today Monday that Treasury says “it has about $134.5 billion…

Keith Hennessey in Keith Hennessey

Mar 27, 2009

Auto loans, part 2: options for the President

In part one of this series I reviewed some background and long-term problems facing the U.S. auto manufacturers. I pointed out that General Motors and Chrysler, and the Obama Administration, face a more immediate cash flow problem. The Obama…

Keith Hennessey in Keith Hennessey

Mar 31, 2009

Auto loans, part 5: The press forgot to ask about the cost to the taxpayer

As I explained yesterday in part 4 of this series, the President delivered different substantive messages to General Motors and Chrysler. I would like now to focus on one element of that message…

Keith Hennessey in Keith Hennessey

Mar 27, 2009

Is $700 billion enough?

I think President Obama will soon need to ask Congress for more TARP funding, and that such a request will displace his legislative agenda for a while. Let’s do the math.

When President Obama took office, $387 B of the $700 B of available TARP funds had already…

Keith Hennessey in Keith Hennessey

Mar 30, 2009

Auto loans, part 4: Chrysler gets an ultimatum, GM gets a do-over

President Obama spoke about loans to the auto industry at 11 AM this morning in the Grand Foyer of the White House.

Keith Hennessey in Keith Hennessey

Mar 27, 2009

Auto loans: a deadline looms

The Obama Administration is beginning to leak to the press their impending decision on loans to U.S. auto manufacturers. I am writing in parallel to explain how you might think about such a Presidential decision. There’s an obvious caveat that every President and each…

Keith Hennessey in Keith Hennessey

Mar 31, 2009

Welcome, Instapundit, Wall Street Journal, Greg Mankiw, and National Review readers!

You’re probably here this morning either because of a link from Instapundit, or from Bill McGurn’s excellent Main Street column in today’s Wall Street Journal, or because of Yuval…

Keith Hennessey in Keith Hennessey

Mar 29, 2009

Auto loans, part 3: the Bush approach

The White House press office announced this evening that the President will speak about the auto industry tomorrow (Monday), at 11 AM, in the Grand Foyer of the White House.

Keith Hennessey in Keith Hennessey

Mar 27, 2009

Welcome!

Welcome to my new blog. If you would like to learn more about American economic policy, I would be honored to be your guide. I will do my best to explain the options faced by senior American economic policymakers, and to analyze the choices they make.

Keith Hennessey in Keith Hennessey

Mar 27, 2009

Is $700 billion enough? Part 2: the Obama warning

In part one of this series, I explained why I think the Obama Administration will soon run out of TARP money and need to ask Congress for more.

January 2009

April 2009

These were the top 10 stories published by Keith Hennessey in March of 2009. You can also dive into daily archives for March of 2009 by using the calendar at the top of this page.

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Keith Hennessey

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