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  1. The G7 Package Is Nice, But More Is Needed, A.K.A. Plan "B" (Resource Investor)
    www.resourceinvestor.com
    Paulson’s plan won’t work. Leaders agreed to inject equity into the banking system, but too little, too late. Nothing short of a 5% increase in banks’ equity capital (about $600 billion) will restore confidence. This article explains that even then, there are three additional problems. We need a plan that minimizes the bailout money so we’ll have some for a stimulus package to restart the economy.
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    www.shreveporttimes.com
    BATON ROUGE, La. (AP) _ The governing board of Louisiana's "last resort" property insurer is considering a double-digit rate hike.