Key Republican Regulator Calls For More Stimulus
Former FDIC Chairman Sheila Bair joins Zach and calls for more stimulus.
The Green Economic Stimulus Package
President Obama and other world leaders are espousing a green economic stimulus package to combat recession and climate change. Justin Urquhart Stewart and guests discuss the opportunities and challenges.
Avinash Persaud Argues Against Bank Market Regulation
One of the puzzles of the 2007/8 credit crunch is how a relatively small loss of capital in a tiny market segment was transformed into a global financial crisis costing close to $1 trillion and sending the world economy into slowdown.Key players in this tragedy are a set of legal and accounting principles that are well-meaning, but turn financial hiccups into liquidity black holes.
Jospeph Stiglitz on the Case for Self-Regulating National Economies
The financial crisis has caused an economic crisis around the world. Drastic state measures have prevented the collapse of the economic system: governments have established rescue funds for failing banks or nationalized banks for relaunching economic growth. At the same time, central banks have intervened with important injections of liquidity and have lowered interest rates. Jospeph Stiglitz explains why this is the right way to go.
EU Banking Union on Shaky Ground
Europe's planned single banking regulator will face a tough time dealing with problem lenders in southern Europe, the head of Brussels think tank CEPS tells The Deal.