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KRUGMAN: The Face-Slap Theory

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The scariest thing I've read recently is a speech given last week by Tim Geithner, the president of the Federal Reserve Bank of New York. Mr. Geithner came as close as a Fed official can to saying that we're in the midst of a financial meltdown. To understand the gravity of the situation, you have to know what the Fed did last summer, and again last fall...

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Let's note the piece's last paragraph, where Krugman writes, by Richard Mynick on Monday, Mar 10, 2008 at 11:02:32 AM
I would if I could... by Sam Adams on Monday, Mar 10, 2008 at 12:10:07 PM
Here are some references, & a simplified version. by Richard Mynick on Monday, Mar 10, 2008 at 1:24:39 PM
Thanks for this, Richard! by Robert Hoogenboom on Tuesday, Mar 11, 2008 at 4:20:23 PM
And you too, Sam, for asking. by Robert Hoogenboom on Tuesday, Mar 11, 2008 at 5:42:53 PM