Capital and Risk-Sharing: Smart Crisis Fighting Tools That Should Be Used Much More
Sunday, November 30th, 2008
I’m glad to see the government is finally using 2 “smart” tools – capital and risk sharing – to help address the financial institution panic and resulting failures we have seen since earlier in 2008 which have seriously escalated the financial and economic crisis facing the US and global economies today. While these tools don’t comprehensively address the myriad of financial and economic issues facing the US or the world today, they:
