Last resort : the financial crisis and the future of bailouts /
Posner, Eric A., 1965-
Last resort : the financial crisis and the future of bailouts / Eric A. Posner. - 219 pages : illustrations ; 24 cm
Includes bibliographical references and index.
The transformation of the financial system -- Crisis -- The lawfulness of the rescue -- The trial of AIG -- Fannie and Freddie -- The bankruptcies of General Motors and Chrysler -- Takings and government action in emergencies -- Politics and reform.
Eric A. Posner argues that bailouts, like those that took place during the 2008-2009 financial crisis, have happened in the past and that they are both "necessary and unavoidable in any modern capitalist or market-based system." Posner analyzes bailouts from economic, political, and legal angles.--Provided by publisher.
9780226420066 (cloth : alk. paper)
2017017174
Financial crises--United States.
Bailouts (Government policy)--United States.
Intervention (Federal government)--United States.
Global Financial Crisis, 2008-2009.
HB3722 / .P666 2018
338.5/430973
Last resort : the financial crisis and the future of bailouts / Eric A. Posner. - 219 pages : illustrations ; 24 cm
Includes bibliographical references and index.
The transformation of the financial system -- Crisis -- The lawfulness of the rescue -- The trial of AIG -- Fannie and Freddie -- The bankruptcies of General Motors and Chrysler -- Takings and government action in emergencies -- Politics and reform.
Eric A. Posner argues that bailouts, like those that took place during the 2008-2009 financial crisis, have happened in the past and that they are both "necessary and unavoidable in any modern capitalist or market-based system." Posner analyzes bailouts from economic, political, and legal angles.--Provided by publisher.
9780226420066 (cloth : alk. paper)
2017017174
Financial crises--United States.
Bailouts (Government policy)--United States.
Intervention (Federal government)--United States.
Global Financial Crisis, 2008-2009.
HB3722 / .P666 2018
338.5/430973