NY Times OpEd: Good Bank, Bad Bank: Good Plan, Better Plan
Should an off-line bank be created to buy up bad assets and allow banks to go back to business as usual?
As the previous posting by Tom Friedman points out, a major part of the problem banks have is trust among one another to do business as usual. Would this solve it?
Read what this article has to say about it.
http://www.nytimes.com/2009/02/01/opinion/01holmes.html?pagewanted=2&th&emc=th
As the previous posting by Tom Friedman points out, a major part of the problem banks have is trust among one another to do business as usual. Would this solve it?
Read what this article has to say about it.
http://www.nytimes.com/2009/02/01/opinion/01holmes.html?pagewanted=2&th&emc=th
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