Good Bank Bad Bank: Increasing credit liquidity, stemming foreclosures and supporting the economy
John M. Quigley, Paul Milgrom, James A. Wilcox, Dwight Jaffee & Nancy Wallace
Description: Experts in economics, business, and public policy examine the impact of the Treasury Department's Financial Stability Plan. Supporters say the plan will infuse cash into credit markets and stem foreclosures by expanding financial capital and removing toxic assets. Panelists evaluate pricing strategies for bank assets, proposals to stem foreclosures, and the risks the FSP presents to taxpayers. Panelists include John M. Quigley (Dept. of Economics), Paul Milgrom (Stanford University), James A. Wilcox (Haas School of Business), Dwight Jaffee (Haas School of Business), and Nancy Wallace (Haas School of Business).
Sponsor: Berkeley Center for Law, Business and the Economy