23 min listen
38: The Fed Made a Massive Mistake Letting Lehman Go
FromOdd Lots
ratings:
Length:
27 minutes
Released:
Jul 25, 2016
Format:
Podcast episode
Description
There's nothing better than financial crisis hindsight and earlier this month we got a big dose of it in the form of a 218-page paper by Laurence Ball, Department of Economics Chair at Johns Hopkins. In the paper, Ball makes the case that — contrary to statements by some policymakers — Lehman Brothers could have been rescued back in 2008 and the U.S. made a massive mistake in choosing not to do so. We talk to Ball about the genesis of the paper and what it means for markets today.
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Released:
Jul 25, 2016
Format:
Podcast episode
Titles in the series (100)
24: Meet The Most Important Country Singer in Economics: 24: Meet The Most Important Country Singer in Economics by Odd Lots