Last resort : the financial crisis and the future of bailouts /

Last resort : the financial crisis and the future of bailouts /

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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...

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Bibliographic Details
Main Author: Posner, Eric A., 1965- (Author)
Format: Book
Language:English
Published: Chicago : The University of Chicago Press, 2018
Chicago ; London : 2018
Chicago, IL : 2018
Subjects:
Global Financial Crisis (2008-2009)
2008-2009
Bailouts (Government policy) > United States
Financial crises > United States
Global Financial Crisis, 2008-2009
Intervention (Federal government) > United States
BUSINESS & ECONOMICS > Economic History
BUSINESS & ECONOMICS > Finance
Bailouts (Government policy)
Financial crises
Intervention (Federal government)
LAW > Business & Financial
LAW > Government > Federal
United States
Table of Contents:
  • 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
  • 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

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