Posts tagged "Austen Goolsbee"
Better than Chris Wallace w/Hillary Clinton: Berkowitz w/author and Booth Business School Professor Luigi Zingales
Jeff Berkowitz: …What would happen? That third way [that you recommended]. Manage bankruptcies. Don’t bail out AIG. Don’t bail out Lehman Bros., but manage it and creditors should incur costs. Professor Luigi Zingales: Should incur losses. Absolutely. Jeff Berkowitz: Because they took bad risks and they should be—if you’re taught that you are going to... Read more »