Nationalize Failing Banks? Think Twice Nationalize Failing Banks? Think Twice
Short-term nationalization of failed banks is gaining support--but without stringent safeguards, new rounds of pathology are inevitable.
Feb 21, 2009 / Feature / Thomas Ferguson and Robert Johnson
Bridge Loan to Nowhere? Bridge Loan to Nowhere?
This is not only the most expensive way to solve the problem. It's also the most likely to fail.
Sep 24, 2008 / Thomas Ferguson and Robert Johnson
Bridge Loan to Nowhere Bridge Loan to Nowhere
The Paulson/Bernanke bailout plan is not the way to go, unless you work on Wall Street. Even if you do, there are compelling reasons to fear it. Here's what Congress should do inst...
Sep 22, 2008 / Feature / Thomas Ferguson and Robert Johnson