Tag Archives: Nationalization

A Note To People Thinking Of Doing Business In Venezuela

Don’t.

The Consequences Of Chavez

Those who believe that Hugo Chavez’s nationalization craze does not–and will not–impose ill effects on Venezuela have another think coming:

The Obama Way: Nationalizing The Internet

Meet Susan Crawford, the co-chair for the Federal Communications Commission transition team for Barack Obama, and special assistant to the President in the Obama Administration (she has a blog here).

What Will the Bank Stress Tests Mean?

Wouldn’t you like to know just how sick U.S. banks really are? So would Tim Geithner. That’s the point of the somewhat mysterious “stress test” exercise going on now. Unfortunately, it’s probably going to stay mysterious to us ordinary people.

Bank Nationalization Is On Its Way

An MSNBC/New York Times report indicates that the Obama Administration will go forth with bank nationalization by converting TARP aid into common stock shares in banks. The beauty of this approach, from the standpoint of the Administration, is that it avoids a showdown with Congress over bank nationalization by allowing nationalization to take place without any further Congressional authorization.

- March 21, 2010 -

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