Experiments in TARP Reverse Auctions

Reverse auctions modeled by Peter Cramton and Larry Ausubel at the University of Maryland are described here.

NPR Report on Reverse Auction Planning

The report by David Kestenbaum can be heard here. It’s a very basic discussion that briefly touches on the problems of how to establish the value of the auctioned assets.

Neel Kashkari Profiled by New York Times

Access to the October 8, 2008 New York Times article, Bailout Role Elevates U.S. Official, may require registration. TARP will be led by 35 year old Neel Kashkari who switched from an engineering career to finance six years ago, and has been working closely with Treasury Secretary Paulson since Paulson took the post in 2006. [...]

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