26 September 2009 - 26 November 2009 From the beginning of the current financial crisis, many officials have been insisting that a big part of our problem is “confidence.” Remember back [in October-November 2008] when the $700 billion bailout was supposed to inject “confidence” into the financial system? I can’t help but think of another definition of “confidence” – as in a … [Read more...] about Leithner Letter Nos. 117-119
Chris Leithner