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EconomyFebruary 21, 2009
Nationalize Failing Banks? Think Twice
Short-term nationalization of failed banks is gaining support–but without stringent safeguards, new rounds of pathology are inevitable.
Thomas Ferguson and Robert Johnson
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EconomySeptember 24, 2008
Bridge Loan to Nowhere?
This is not only the most expensive way to solve the problem. It’s also the most likely to fail.
Thomas Ferguson and Robert Johnson
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BankingSeptember 22, 2008
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 instead.
Thomas Ferguson and Robert Johnson