This column was written by The Editors of the New Republic. In the brief weeks that Barack Obama has been president, the n-word has been heard with startling frequency in Washington. We're talking ...
Tyler Cowen makes the important point that when it comes to nationalization, nationalizing one bank isn’t the problem. The problem is that once you nationalize, or even start talking seriously about ...
Matt Yglesias puts forward some of the current arguments for nationalizing insolvent banks; Paul Krugman and Felix Salmon are pushing a similar approach. Maybe, but I'm not yet convinced. It's easy ...
I had a fascinating talk with a government official who will, sadly, have to go unnamed and undescribed. I wanted to know if the rumors are true and many in government see nationalization of the banks ...
A Newsweek poll released over the weekend suggests that Americans may be more amendable than previously believed to the idea of a government takeover of major banks. The specific question posed by the ...
Felix Salmon, who has been banging the drums for the U.S. government to start nationalizing banks, cites a piece by the economist William Buiter as supporting the argument that the U.S. should ...
Fear that government might take over troubled banks sends Wall Street tumbling. Feb. 20, 2009— -- Nationalization was the word bouncing between Wall Street and Washington Friday as talk that the ...
Patrice Motsepe works so hard to preserve his mystique that you’d be forgiven for thinking South Africa’s first black billionaire is a rather reticent man. He is anything but. An enigma perhaps, but ...
The discussion of government involvement in the light-speed adoption of artificial intelligence (AI) has cast a brighter light on the conundrum between unbridled product innovation and risk—whether ...
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 ...
Federal Reserve Chairman Ben Bernanke told the Senate Banking Committee on Tuesday that he didn't see why bank nationalization would be necessary. David Wessel of The Wall Street Journal talks with ...
In our open society, there are few words that people dare not speak. One such word in conversations about financial policy, however, is “nationalization,” meaning government ownership of large banks ...