More Government Bailouts
Sep 19th, 2008 | By Adrian Ash | Category: Economics, Macro Economics
Damned if they do, damned if they don't, politicians the world over are looking pretty sheepish right now.
Nationalizing failed banks, mortgage lenders and insurance firms hardly makes for a strong election pitch. It won't do much to coax fresh risk capital into shoring up financial balance-sheets, either.
But letting them fail ...read more
