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Pitfalls of the Paulson Plan
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Jonathan Carmel
Published/Copyright:
October 2, 2008
Jonathan Carmel explains that the auctions on which the Paulson plan relies are no magic bullet, and the problems of adverse selection that are causing the banks trouble could continue after $700 billion is spent.
Published Online: 2008-10-2
©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston
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Articles in the same Issue
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- 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
Articles in the same Issue
- 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