By Simon Johnson We live in an age of unprecedented bailouts. The Greek package of support from the eurozone this weekend marks a high tide for the principle that complete, unconditional, and fundamentally dangerous protection must be extended to creditors whenever something “big” gets into trouble. The Greek bailout appears on the scene just as … Continue reading Greek Bailout, Lehman Deceit, And Tim Geithner
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Greek Bailout, Lehman Deceit, And Tim Geithner
By Simon Johnson We live in an age of unprecedented bailouts. The Greek package of support from the eurozone this weekend marks a high tide for the principle that complete, unconditional, and fundamentally dangerous protection must be extended to creditors whenever something “big” gets into trouble. The Greek bailout appears on the scene just as … Continue reading Greek Bailout, Lehman Deceit, And Tim Geithner