Comments on: Lehman’s collapse: The money fund “ice-nine wasn’t noticed… at first’” http://www.creditwritedowns.com/2009/09/lehmans-collapse-the-money-fund-ice-nine-wasnt-noticed-at-first.html Finance, Economics and Markets Fri, 10 Feb 2012 00:37:00 +0000 hourly 1 By: dansecrest http://www.creditwritedowns.com/2009/09/lehmans-collapse-the-money-fund-ice-nine-wasnt-noticed-at-first.html#comment-57053 dansecrest Thu, 10 Sep 2009 00:12:00 +0000 http://www.creditwritedowns.com/2009/09/lehmans-collapse-the-money-fund-ice-nine-wasnt-noticed-at-first.html#comment-57053 I had seen that article on Volcker's desire to regulate money markets, and the execrable response by money fund manager Baloney. It was one of those ideas (regulate money market funds like banks) that instantly struck me as right on the mark. I was disappointed that none of the other bloggers I follow picked up on it. Kudos to you for bring that up here! Another item that I hope some bloggers pick up on: Business Week economist Michael Mandel claiming that consumption is only about 40% of GDP, as opposed to the 70% commonly cited. Mandel notes that the 70% figure includes health care expenditures (much from the U.S. government) and expenditures for imported products... I had seen that article on Volcker’s desire to regulate money markets, and the execrable response by money fund manager Baloney. It was one of those ideas (regulate money market funds like banks) that instantly struck me as right on the mark. I was disappointed that none of the other bloggers I follow picked up on it. Kudos to you for bring that up here!

Another item that I hope some bloggers pick up on: Business Week economist Michael Mandel claiming that consumption is only about 40% of GDP, as opposed to the 70% commonly cited. Mandel notes that the 70% figure includes health care expenditures (much from the U.S. government) and expenditures for imported products…

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