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.

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Afraid to Let Big Banks Go Under
Yahoo Tech Ticker Jan 27, 2009 12:39pm EST
http://finance.yahoo.com/tech-ticker/article/164438/Good-Bank-Bad-Bank-or-Banana-Govt.-Afraid-to-Let-Big-Banks-Go-Under?

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