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Lingering Perils of Bank Insolvency
May 19, 2009
Simon Johnson argues that despite some signs of stability in the financial system, US economic recovery is likely to be anemic without more aggressive bank reforms.
RELATED PUBLICATIONS
Testimony:
The Science of Insolvency
Testimony before the US House of Representatives, Committee on Science and Technology, Subcommittee on Investigations and Oversight hearing, "The Science of Insolvency"
May 19, 2009
RELATED INTERVIEWS
Would the Volcker Rule Prevent Banks Too Big to Fail? February 25, 2010
Too Big to Fail: Too Big to Solve? January 27, 2010
The Financial System: Heading for More Trouble January 15, 2010
Should the Fed Be Stripped of Its Regulatory Authority? December 4, 2009
Financial Regulatory Reform Moves Ahead November 16, 2009
The Declining Dollar: Little Cause for Concern November 11, 2009
Pressures on Obama at the G-20 in Pittsburgh September 21, 2009
Toward a Global Financial Regulatory Regime September 11, 2009
A Pat on the Back at Pittsburgh? September 9, 2009
Challenges to the Federal Reserve's Independence July 31, 2009