Friday, September 20, 2013

Robert E. Prasch — The “Lessons” that Wall Street, Treasury, and the White House Need You to Believe Five Years After the Collapse of Lehman Brothers

1. No One Saw It Coming.

2. The Crisis was Almost Exclusively About Liquidity.

3. TARP was the Only “Responsible” Choice in 2008
New Economics Perspectives
The “Lessons” that Wall Street, Treasury, and the White House Need You to Believe Five Years After the Collapse of Lehman Brothers
Robert E. Prasch | Professor of Economics, Middlebury College

1 comment:

Roger Erickson said...

those are all sub-premises of one, requested leap of faith:

"Uber-alles, you MUST believe whatever bullshit we elect to run by you. Trust us, completely, with everything."

[Details may vary in your time zone & zipcode area. Pay no attention to the malarkey behind the curtains.]