TITLE

Find Out Real Cost of Failures And Bailouts

AUTHOR(S)
Barnett, Robert E.
PUB. DATE
July 2009
SOURCE
American Banker;7/2/2009, Vol. 174 Issue 126, p14
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The author offers opinions on U.S. government policy towards the global financial crisis. He urges that an accounting be done of the costs of bailouts and assistance to banks and other institutions to the Federal Deposit Insurance Corp., Treasury Department, and other administrative agencies. It is argued that such an accounting is likely to reveal the costs of these programs are less than had been feared, building political support for them.
ACCESSION #
42962298

 

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