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Ten years after EULEX Key principles for future EU flagship initiatives on the rule of law
Policy Contribution

Why a bad bank needs to be big

05 February 2009

Why a bad bank needs to be big

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Daniel Gros argues in this Commentary that the key choice facing the US government is the fundamental one between muddling through with partial recapitalization schemes that leave banks alive, but too weak to lend or a big bang approach that clears balance sheets and allows the survivors to resume lending without looking back.


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Why a bad bank needs to be big
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1989 Downloads