Faculty News
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An op-ed by Prof. Yakov Amihud on European bank bailouts
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Excerpt from Financial Times Germany -- "The argument that a collapse of the banking system must be prevented, is basically correct: without a functioning banking system is not functioning economy. But here is worth looking into detail. It is crucial not to confuse the rescue of banks to bail out their shareholders and bondholders (Translated from German)."
Faculty News
—

Excerpt from Financial Times Germany -- "The argument that a collapse of the banking system must be prevented, is basically correct: without a functioning banking system is not functioning economy. But here is worth looking into detail. It is crucial not to confuse the rescue of banks to bail out their shareholders and bondholders (Translated from German)."