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Letter: Another Take on "Why Paulson is Wrong"
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Allen H Barton
Veröffentlicht/Copyright:
25. September 2008
Paulson proposes a top-down solution to the financial crisis by government purchase of bad loans from the lenders to "clean" their balance sheets. But, Barton suggests, a bottom-up solution would be a subsidy to borrowers to ensure full payments, restoring the value of the "toxic assets," thereby cleaning up.
Published Online: 2008-9-25
©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston
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- Questioning the Treasury's $700 Billion Blank Check: An Open Letter to Secretary Paulson
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- We Aren't Done Yet: Comments on the Financial Crisis and Bailout
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- Letter: Another Take on "Why Paulson is Wrong"
- Letter: How to Drink the Sub-Prime Kool-Aid
- Letter: Republican Opposition to Debt Reduction in Financial Crises--The Great Depression and Today
- Letter: The Dangers of Forgetting Moral Hazard
- Letter: The Bailout and What Next
Artikel in diesem Heft
- Column
- Investment Banking Regulation After Bear Stearns
- Why Paulson is Wrong
- Dr. StrangeLoan: or How I Learned to Stop Worrying and Love the Financial Collapse
- Questioning the Treasury's $700 Billion Blank Check: An Open Letter to Secretary Paulson
- Auction Design Critical for Rescue Plan
- A Better Plan for Addressing the Financial Crisis
- Please Think This Over
- Good Bailouts and Bad
- We Aren't Done Yet: Comments on the Financial Crisis and Bailout
- Quashing the Financial Firestorm
- Pitfalls of the Paulson Plan
- Letter
- Letter: Another Take on "Why Paulson is Wrong"
- Letter: How to Drink the Sub-Prime Kool-Aid
- Letter: Republican Opposition to Debt Reduction in Financial Crises--The Great Depression and Today
- Letter: The Dangers of Forgetting Moral Hazard
- Letter: The Bailout and What Next
