Michael S. Barr: “Should the government have the ability to throw those firms into a…”

On the recordOctober 21, 2009

Should the government have the ability to throw those firms into a resolution procedure? I think the answer is that in some cases maybe yes.

Said by

Michael S. Barr

Source

Barr suggests that the government should have authority to resolve failing financial firms in certain situations.

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Michael S. Barr: “Should the government have the ability to throw those firms into a resolution procedure? I think the answer is that in…”