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Bank Bailout to Cost Taxpayers $2 Trillion
The UK Government’s recent bailout of struggling financial giants Royal Bank of Scotland and Lloyds TSB looks set to add between £1 trillion and £1.5 trillion to national debt, figures out today have revealed.
Bank Bailout to Cost Taxpayers $2 Trillion
The right way to create a good bank and a bad bank
The right way to create a good bank and a bad bank
woodwardhall.wordpress.com — Policymakers continue to struggle to figure out how to turn a troubled bank into a good bank... and a bad bank. Under the good-bank/bad-bank policy, the good bank will operate free from concerns about troubled assets, because these assets will be held ... (more) The right way to create a good bank and a bad bank
How to set up a new ‘good bank’
blogs.ft.com — My ‘Good Bank’ proposal (see (1), (2), (3), and (4), and related proposals by Joseph Stiglitz, George... Soros and Paul Romer) appears to be getting some attention if not yet traction in a number of European capitals and in Washington.  ... (more) How to set up a new ‘good bank’
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