Thursday, October 16, 2008
Local financial crisis podcast
There was another forum at the University of Minnesota. Bigger names, perhaps, but I'm pretty sure I said something quite close to V.V. Chari:
Chari also complained that the administration�s crisis planning and strategy was largely done in secret, at a time when transparency was what the financial markets needed.Yes.
�This is the most opaque crisis recovery plan in history,� he said. �They may know things that we don�t, and those things may justify their fear. If that�s the case, please tell us.�
Labels: banking, economics, SCSU