The Chrysler Effect: The Impact of the Chrysler Bailout on Borrowing Costs
Did the bailout of Chrysler by the U.S. government overturn bankruptcy law in the United States? Almost two years ago, the outgoing Bush and incoming Obama administrations announced a series of steps...
View ArticleDo We Need Big Banks?
In the past several decades banks have grown relentlessly. Many have become very large—both in absolute terms and relative to their economies. During the recent financial crisis it became apparent that...
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