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We Aren't Done Yet: Comments on the Financial Crisis and Bailout

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  • Stiglitz Joseph

Abstract

Joseph Stiglitz discusses flaws in the modified Paulson bailout plan and some elements of what should be done, either instead or in addition.

Suggested Citation

  • Stiglitz Joseph, 2008. "We Aren't Done Yet: Comments on the Financial Crisis and Bailout," The Economists' Voice, De Gruyter, vol. 5(5), pages 1-4, September.
    • Handle: RePEc:bpj:evoice:v:5:y:2008:i:5:n:11
    DOI: 10.2202/1553-3832.1425
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    Citations

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    Cited by:

    1. Thomas Philippon & Vasiliki Skreta, 2012. "Optimal Interventions in Markets with Adverse Selection," American Economic Review, American Economic Association, vol. 102(1), pages 1-28, February.
    2. Hillinger, Claude, 2008. "How to deal with the US financial crisis at no cost to the taxpayer," Discussion Papers in Economics 6929, University of Munich, Department of Economics.
    3. Veronesi, Pietro & Zingales, Luigi, 2010. "Paulson's gift," Journal of Financial Economics, Elsevier, vol. 97(3), pages 339-368, September.
    4. Thomas Philippon & Philipp Schnabl, 2013. "Efficient Recapitalization," Journal of Finance, American Finance Association, vol. 68(1), pages 1-42, February.
    5. Joseph T. Mahoney & Anita M. McGahan & Christos N. Pitelis, 2009. "Perspective ---The Interdependence of Private and Public Interests," Organization Science, INFORMS, vol. 20(6), pages 1034-1052, December.
    6. House, Christopher L. & Masatlioglu, Yusufcan, 2015. "Managing markets for toxic assets," Journal of Monetary Economics, Elsevier, vol. 70(C), pages 84-99.
    7. Philippon, Thomas & Schnabl, Philipp, 2011. "Informational Rents, Macroeconomic Rents, and Efficient Bailouts," CEPR Discussion Papers 8216, C.E.P.R. Discussion Papers.
    8. Cohen, Solomon I., 2014. "Different institutional behavior in different economic systems: Theory and evidence on diverging systems worldwide," Economic Systems, Elsevier, vol. 38(2), pages 221-242.

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