Any Good News Today?

We'll see... - Tim Geithner's five big misconceptions.  Geithner's plan is a massive public-private partnership, and I'm quite wary of them for the same reason Jim Lindgren is:  private profits, public (i.e., taxpayer) losses.  This greatly increases risks because the risk-takers don't lose anything near what the real value of the loss is.  Tyler Cowen…

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