America remains deeply conflicted about federal regulators’ crisis response. By Neil Irwin The loan portfolio consists mostly of commercial real estate loans in Ireland and Britain but also includes ...
Prefer Newsweek on Google to see more of our trusted coverage when you search. A group of Russian business owners reportedly spoke with President Vladimir Putin this week about their fear of ...
Nobel prize-winning economist and New York Times columnist Paul Krugman said Sunday that bank nationalization was "as American as apple pie" during a round-table discussion on "This Week" with George ...
In the past week a number of boldfaced names including Sen. Lindsey Graham, Harvard economist Greg Mankiw, economist of the moment Nouriel Roubini, and ex-Fed Chairman Alan Greenspan have suggested ...
Talk of "nationalizing the banks" is in the air again this week, as President Obama hits the road to sell his recovery plan and Tim Geithner, the new chairman of the Securities and Exchange Commission ...
The expropriation of private assets in Argentina and Bolivia are a stark reminder of the risk of doing business in developing markets. Nationalization of the political sort—as opposed to pragmatism ...
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The U.S. banking system is in “a death spiral,” said Matthew Richardson and Nouriel Roubini in The Washington Post, and only an “all-out government takeover” can prevent a complete collapse.
The nationalization of even a handful of U.S. banks, which some analysts see as increasingly likely, would pose political problems for President Obama. Obama has worked hard to portray himself as a ...
Even the most Blimpish British opponent of the Labor government’s nationalization of industry would not dispute its goals. But even some stalwart Laborites are sorely embarrassed by the failure of ...
DURING the Great War, the force of circumstances led the belligerent states to intervene directly in industry, in order to safeguard the production of essential supplies for war purposes. In some ...