How Treasury Favors Banks over Taxpayers in Warrant Negotiations [View article]
If the banks wanted to avoid a government rescue of the financial system, they should have come up with their own free market solution to the crisis. They didn't, so the government had to step in.
I say that the government should forget theoretical calculations and hold an auction of the TARP warrents.
How Treasury Favors Banks over Taxpayers in Warrant Negotiations [View article]
I say that the government should forget theoretical calculations and hold an auction of the TARP warrents.