Planet Money
 
 

Hear: You're Buying Banks

Henry Paulson

Big. And moving fast.

Win McNamee/Getty Images
 

Today on Planet Money:

That backdoor bailout we've been talking about came now front and center. U.S. Treasury Secretary Henry Paulson says the U.S. is prepared to use public money to buy up portions of private banks. Alternately called a stock injection and a capital one, the move would amount to at least a partial nationalization of the financial system.

-- Christian Menegatti of RGE Monitor says Paulson should make a priority of the stock injection.

-- Listener Greg King asks whether it's possible to untangle all the properties in a single mortgage-backed security. The short answer: Who knows? But Whit Solberg and HJ Kim, of Mission Peak Capital, show us the amazing collection of odds and ends packed into just one.

-- Adam Davidson checks in on money market broker Will Anston Reese, who says business has stopped. Stopped.

Download the podcast; or subscribe. Follow our Twitter feed.

comments | |

 

Comments

View all comments »

Add a Comment

Please note that all comments must adhere to the NPR.org discussion rules and terms of use. See also the Community FAQ.

NPR reserves the right to read on the air and/or publish on its Web site or in any medium now known or unknown the e-mails and letters that we receive. We may edit them for clarity or brevity and identify authors by name and location. For additional information, please consult our Terms of Use.



   
   
   
null


 

About Planet Money

Planet Money is a multimedia team covering the global economy. You can follow us on this blog and on Twitter. You can also e-mail us directly and/or join our Facebook group. For more information, see our Frequently Asked Questions and rules for discussion.

 
 

Get the Podcast

NPR PodcastsLost in a galaxy of economic news? Listen to the Planet Money podcast.



» Get the Podcast

 
 
Adam Davidson

Adam Davidson

Correspondent

 
David Kestenbaum

David Kestenbaum

Correspondent

 
David Kestenbaum

Chana Joffe-Walt

Correspondent

 
Laura Conaway

Laura Conaway

Editor

 
Caitlin Kenney

Caitlin Kenney

Assistant Producer

 
Alex Blumberg

Alex Blumberg

Contributing Editor

 
 
 

 
 

Related News Feeds

 
 

Search 'Planet Money'

Search for the word(s):
 
 

Get in touch:

Want to send us a note? Go for it.

 
 
 

Browse Topics

Services

Programs