Nobel Laureate Stiglitz and Black Swan Author Blast Obama and Geithner

Joseph Stiglitz calls the plan, "Obama’s Ersatz Capitalism," in a New York Times OP/ED, where he runs the numbers and shows that the plan is at least a 50% subsidy to the private buyers, and Black Swan author Nassim Taleb says Geithner’s bank recovery plan will fail, and simply socialize losses and privatize gains.

They are both good reads.