Inflationary expectations

Treasury releases details of toxic asset purchase plan; government hopes generous loans to investors will encourage them to overpay for assets. (NYT)

Romer says private investors who participate in toxic asset plan are “the good guys here.” (Fox News)

Senate will vote on bonus tax legislation this week; Gregg says practical implications are bankruptcy for the US. (NYT)

Rattner says Chrysler and GM may need more than $21.6 billion requested. (Bloomberg)

Costco, Starbucks, and Whole Foods propose Employee Free Choice Act compromise, breaking with employer coalition. (WaPo)