United States Department of the Treasury

...economic expansion. While they were buying at home, their governments were even more furiously spending swelling trade surpluses on what Paul Krugman, the Nobel economist, calls "sterile claims" on the US Treasury. China's household...

In this article: Asia, China, Supply chain, Japan, Foreign Affairs, Massachusetts Institute of Technology, US Treasury, and Ronald Reagan

...was any wiser. Princeton economist Paul Krugman has accused the US Treasury and the Fed of playing "Russian roulette" with the financial system, warning that the shadow banking system could disintegrate within days. The hunting packs...

In this article: The Fed, Lehman Brothers, Derivative, Bear Stearns, US Treasury, United States, Europe, Russian roulette, and State capitalism

...demand becomes the main driver of growth. "China should produce things for itself instead of acquiring sterile claims on the US," says Paul Krugman, Nobel economist, referring to the $2,000bn (EUR1,430bn, GBP1,255bn) in foreign assets,...

In this article: China, Paul Krugman, Vietnam, Economists, Beijing, Japan, Ho Chi Minh City, US, and Tax

[I]n a recent interview Tim Geithner, the Treasury secretary, tried to make a distinction between the "basic inherent economic value" of troubled assets and the "artificially depressed value" that those assets command right now. In...

In this article: Tim Geithner, Treasury Department, Small business, Tin, Ford Motor Company, Paul Krugman, and Wall Street

...security?" Until recently, Treasury's lack of Wall Street heft wasn't necessarily a problem: Postwar recessions occurred when the Fed raised interest rates to prevent the economy from overheating, not when a bubble burst. But, as both...

In this article: Timothy Geithner, Wall Street, Treasury Department, Larry Summers, Derivative, Recession, and The Fed

The Krugman rally didn't. Also, as I think about this more I realize that Geithner's most important role at Treasury will be redoing the country's (and possibly the world's) financial regulatory set-up. He's pretty well prepared to do...

In this article: Tim Geithner, Treasury Department, Barack Obama, Larry Summers, Derivative, Bear Stearns, Dow, Credit default swap, CNBC, and International Monetary Fund

...the direct equity investments called for by Krugman/Yglesias to stabilize the system. Under Dodd, *if* the Treasury has a loss on a security and *if* they choose to sell that security and realize the loss (rather than buy, hold, fund, and...

In this article: Christopher Dodd, Treasury Department, Tax, Paul Krugman, Recession, Jpmorgan Chase, and United States

He has recently criticised Hank Paulson, the US Treasury secretary, for mishandling the credit crisis, while praising the British government for being "willing to think clearly about the financial crisis, and act quickly on its conclusions".

In this article: Paul Krugman, Economics, Nobel Prize, Mathematics, Financial crisis, Joseph Stiglitz, John Bates Clark Medal, Princeton University, and Slate magazine

...50% of total equity capital of the fund. The Treasury Department will consider requests for senior debt for the fund in the amount of 100% of its total equity capital subject to further restrictions. Economist and Nobel Prize winner Paul...

In this article: Asset, Federal Deposit Insurance Corporation, Treasury Department, Federal Reserve, Balance sheet, TARP, Term Asset-Backed Securities Loan Facility, Troubled Asset Relief Program, and Paul Krugman