Public-Private Investment Partnership is a little too private

An opinion piece in today's Wall Street Journal discusses how only large fund managers will be able to participate in the Treasury's new partnership. Instead of creating a liquid market for bad assets, the Treasury is limiting the buyers and backing them with government money.
See the article here.
We'll be discussing this at the Econ club meeting on Wednesday, April 1 at 5:30 in 114 CWH.

Economics club next meeting

The next meeting of the Econ club will be Wednesday, April 1, 2009 at 5:30pm in 114 Wimberly Hall.
We will be discussing the public-private investment partnership and the Wall Street Journal's forum on the future of finance. You can find the articles and videos from this forum on the Wall Street Journal website. They came up with 20 principles that should be the basis for finance in the future. You can find them here.

Econ Club By-Laws

Josh Lieder and Andy Cowan have started work on a proposal for the Econ Club By-laws.
If you are interested in working on the bylaws, a small group is meeting at the cybercafe on Thursday, March 26 at 5:30pm.

You can find the proposed bylaws here.
http://www.uwlax.edu/faculty/birkeland/Econ-Club.htm

It must have been the pizza....

Given the incentives of free pizza and stimulating discussion, approximately 40 students met as the newly-forming Econ club. We had more people than we expected and great discussions. If you missed it and would like to learn more about it, visit the facebook group: UW-L Economics Students or talk with Professors Birkeland, Brooks, or Knowles.