Bailout Discussions
*The Swedes spent $14 billion to restore its banking system in the 1990s.
Some insights from their experience: 1) an audio interview with a Swedish official involved in the bailout 2) a federal reserve paper from June 2007.
*A high level summary of the Swedish experience from Business Week.
*An essay from the Economists’ Voice critiques the current plan.
The challenge: To what degree are market risks socialized? In the audio interview the
guy stresses that shareholders should not profit from the bailout.
Some insights from their experience: 1) an audio interview with a Swedish official involved in the bailout 2) a federal reserve paper from June 2007.
*A high level summary of the Swedish experience from Business Week.
*An essay from the Economists’ Voice critiques the current plan.
The challenge: To what degree are market risks socialized? In the audio interview the
guy stresses that shareholders should not profit from the bailout.