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Day: February 14, 2015

Good Bank vs Bad Bank: Don’t Touch the Unsecured Creditors! Clobber the Tax Payer Instead. Not.
14 Feb
Lucijan Knežić Posted in Uncategorized No comments

Good Bank vs Bad Bank: Don’t Touch the Unsecured Creditors! Clobber the Tax Payer Instead. Not.

There have been numerous recent proposals put forward that bad banks should be allowed to go bankrupt by the government and a new banking system which is under temporary state control should be set up in order to prevent the country from being crippled due to the propping up of a corrupt financial system. Under […]

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