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Stiglitz Criticizes Bad Bank Plan as Swapping ‘Cash for Trash’

February 3rd, 2009

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“John Monks, general secretary of the European Trade Union Confederation, told the same audience that governments are getting “close to straining the patience of the public and voters” by repeatedly extending lifelines to banks.”That rare phenomena, the British dissident, emboldened, no doubt, by his exile in Europe and his remoteness from the heart of darkness.effedieffe.com3rd FebruaryNobel laureate Joseph Stiglitz said any decision by President Barack Obama to establish a so-called bad bank t




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