Bob Cropf

Nationalization For Beginners

In 1 on March 9, 2009 at 5:44 PM

James Kwak wrote a brief explanation of bank nationalization on Baseline Scenario. This blog is pretty useful, has a really good “for beginners” section and was founded by Simon Johnson, former IMF official — an organization that has long been in the business of forcing countries to nationalize (temporarily) financial systems with the imprimatur of the US government.

-kc

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