The New York Times logo The New York Times 2 weeks ago

Fair Game: A Way Out of the Deep Freeze

FOR many holders of auction-rate securities investments that Wall Street once peddled as safe, sound and as fully liquid as cash life in the frozen zone drags on. Full Article at The New York Times

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  1. Barack Obama
  2. Financial Industry Regulatory Authority

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  1. Lloyd Blankfein, Chairman and CEO of Goldman Sachs, participates in a panel discussion at the Clinton Global Initiative in New York in this file image from September 23, 2009.
  2. NEW YORK - NOVEMBER 18: (L-R) Wall Street financier Steven Rattner and managing editor of Fortune Magazine Andy Serwer attend the FORTUNE Breakfast and Conversation with Steven Rattner at Time & Life Building on November 18, 2009 in New York City.
  3. NEW YORK - NOVEMBER 16: CNN's Anderson Cooper attends the 8th Annual Elton John AIDS Foundation�s 'An Enduring Vision' benefit at Cipriani, Wall Street on November 16, 2009 in New York City.
  4. NEW YORK - NOVEMBER 16: A woman walks by as a New York City Police emergency vehicle idles on Wall Street on November 16, 2009 in New York City.
  5. NEW YORK - NOVEMBER 10: Actor Nicholas Rodriguez (L) and filmmaker Dustin Lance Black attend The 2009 Emery Awards and 30th Anniversary of the Hetrick-Martin Institute at Cipriani, Wall Street on November 10, 2009 in New York City.
  6. NEW YORK - NOVEMBER 22: Chairman of Citigroup Richard Parsons attends the opening night of ''Dreamgirls'' at The Apollo Theater on November 22, 2009 in New York City.
  7. Primus Financial Managing Director, Chairman and Co-Chief Executive Officer Robert Morse speaks during a news conference in Taipei October 13, 2009.
  8. SOUTHPORT, CT - AUGUST 02: The home of Andrew Hall, the controversial recipient of a reported $100 million bonus from Citigroup, is viewed on August 2, 2009 in Southport, Connecticut.
  9. Citigroup Chief Executive Office Vikram Pandit speaks during the Manufactoring town hall meeting at the National Summit in Detroit, Michigan, June 15, 2009.

Cast of Characters

  1. Barack Obama Barack Obama
  2. Financial Industry Regulatory Authority