Bannon&Co.
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The Economy Watch
 March 2, 2009           
 
Bannon & Co. monitors various media in efforts to best serve our clients.

It occurred to us that not everyone has the time to follow the tumultuous economic news as they would like.
 
These links to important and interesting perspectives about the economic situation are offered for your consideration as the stimulus bill is implemented.
 
Bill Bannon
 

Call Them Irresponsible
Rewarding those who put the 'liar' in liar loans says the WSJ.

Wrong Turn on Housing
How to rescue housing? The Obama administration doesn't have a plan -- or, more accurately, it has only half a plan says Robert Samuleson.

Revenge of the Glut
One way to look at the international situation right now is that we're suffering from a global paradox of thrift: around the world, desired saving exceeds the amount businesses are willing to invest.  Paul Krugman.

Stress-Testing the Banks
Before the stress test results are in and acted upon, taxpayers deserve an explanation. NY Times editorial.

A Republican Road to Economic Recovery
Obama's proposals - the good, the bad, and some better alternatives written by Paul Ryan from Wisconsin, the ranking Republican on the House Budget Committee .

On Economy, Two United Voices Steer Obama Agenda
The Obama administration's budget bears the hallmarks of a decade-old alliance that has quickly come to dominate the most pressing issues on the young administration's agenda as reported in the Washington Post.

AIG to Get Up to $30 Billion More in New Bailout After Loss
American International Group Inc., the insurer deemed too important to fail, will get as much as $30 billion in new government capital in a revised bailout after posting a record fourth-quarter loss.

 
To see how the downturn in the economy effected neighborhoods served by several community financial institutions, a Consumer Sentiment Study - A Local View was conducted by Bannon & Co. in November 2008.
 
A follow-up study of consumers' opinions, particularly regarding their financial intentions and the role community based financial institutions can play in meeting their financial goals is being planned after the specifics of the plan are signed into law.

Because the study is shared by a number of financial institutions, the cost to each participant is considerably lower than if the study was conducted individually.
 
Click here for more information on how a Consumer Sentiment Study in neighborhoods served by your institution can provide key information to refine marketing strategies.
 
 
 
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