The Problem with Bailouts
Apr 1st, 2008 | By Whiskey Contributor | Category: Macro Economics
“Just like natural organisms, the financial system must have death to evolve into a better form...”
NOW THAT HE’S WEARING some sort of do-good government hat, even Hank Paulson is not thinking straight.
Regulate in New York and finance goes to Toronto. Regulate in London, it goes to Frankfurt or Paris — ...read more
