Taxpayers – Last Option To Bail Out Governments

Banking Links – February 16, 2010

Will US Housing Market Collapse As Government Winds Down Aid? – NYT

Paulson Attacks Obama’s Financial Regulation Plans -Says Big Banks Essential To Financial Recovery -Times OnLine

Europe At The Crossroads -  Greece Rescue Would Open The Floodgates – FT

Forgiving Mortgage Debt Makes Payments Easier But At Whose Expense? - NYT

Greek Economy Faces Hard Times As Finance Ministers Force Deep Budget Cuts - Bloomberg

Loan Modifications Will Merely Delay A Housing Market Bottom – WSJ

Banks Seeks To Force Wall Street To Buyback Defaulted Mortgages – WSJ

Billions in Bear Stearns Losses Now Sitting on Fed Balance Sheet – FT

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