Feds Afraid to Let Big Banks Go Under

While the idea of the government becoming the de facto bad bank in a system-wide good bank-bad bank solution has some merit, there’s a big problem with the “aggregator bank” idea that’s gaining momentum in Washington D.C., says Lawrence J. White Professor of Economics at New York University’s Stern School of Business.


Afraid to Let Big Banks Go Under
Yahoo Tech Ticker Jan 27, 2009 12:39pm EST

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