Click on the first link for a graphic that shows discussion over TARP was the cause-in-fact of the equities crash of October 2008. This link is from the second link above.
A picture is worth a thousand words.
This figure is from John Taylor's paper on the crash, Critical Review: A Journal of Politics and Society, Vol. 21, Nos. 2-3, 2009 Economic Policy and the Financial Crisis: An Emperical Analysis of What Went Wrong – John B. Taylor
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All Comments by Ray Lopez »Lehman 2: The Collapsening. With the anniversary of the Lehman Brothers bankruptcy approaching, the BBC says it's producing a movie based on the firm's fateful September, with James Cromwell as Hank Paulson and Corey Johnson as Lehman chief Richard Fuld. [View news story]
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Click on the first link for a graphic that shows discussion over TARP was the cause-in-fact of the equities crash of October 2008. This link is from the second link above.
A picture is worth a thousand words.
This figure is from John Taylor's paper on the crash, Critical Review:
A Journal of Politics and Society, Vol. 21, Nos. 2-3, 2009 Economic
Policy and the Financial Crisis: An Emperical Analysis of What Went Wrong – John B. Taylor
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