Financial crisis resolution: It’s all about burden-sharing

Charles Wyplosz, 20 July 2008

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An old and familiar debate is back. Should taxpayers bail out the US banking system, quite possibly the British and European ones as well? 

There are two standard views on the multi-trillion dollar question of who pays for getting us out of the financial crisis

Topics: Financial markets
Tags: bailout, Bear Stearns, Fannie Mae, Fed, Federal Reserve, financial crisis, Freddie Mac, Japan, subprime crisis, Sweden

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