Last resort : the financial crisis and the future of bailouts / Eric A. Posner.
2018
KF6200 .P67 2018 (Mapit)
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Details
Title
Last resort : the financial crisis and the future of bailouts / Eric A. Posner.
Imprint
Chicago, IL : The University of Chicago Press, 2018.
Copyright
©2018
Description
219 pages : illustrations ; 24 cm
Formatted Contents Note
Introduction
The transformation of the financial system
Crisis
The lawfulness of the rescue
The trial of AIG
Fannie and Freddie
The bankruptcies of General Motors and Chrysler
Takings and government action in emergencies
Politics and reform.
The transformation of the financial system
Crisis
The lawfulness of the rescue
The trial of AIG
Fannie and Freddie
The bankruptcies of General Motors and Chrysler
Takings and government action in emergencies
Politics and reform.
Summary
Eric A. Posner argues that bailouts, like those that took place during the 2008-2009 financial crisis, have happened in the past and that they are both "necessary and unavoidable in any modern capitalist or market-based system." Posner analyzes bailouts from economic, political, and legal angles.--Provided by publisher.
Bibliography, etc. Note
Includes bibliographical references (pages 187-208) and index.
Call Number
KF6200 .P67 2018
Language
English
ISBN
9780226420066 (hardcover ; alkaline paper)
022642006X (hardcover ; alkaline paper)
9780226420233 (electronic book)
022642006X (hardcover ; alkaline paper)
9780226420233 (electronic book)
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