Global Financial Crisis Panel: Good Bank Bad Bank


“Good Bank Bad Bank: Increasing credit liquidity, stemming foreclosures and supporting the economy”
Wednesday, February 18, 2009; 5:00 – 6:30 pm
Booth Auditorium, UC Berkeley School of Law


Experts in economics, business, and public policy examined how Obama’s Financial
Stability Plan, announced February 10th by Treasury Secretary Geithner, will impact
Supporters say the plan will infuse cash into credit markets and stem foreclosures
by expanding capital and removing toxic assets. Panelists will discuss how to value foreclosed
homes and capital infusions so that the taxpayers are not on the hook for overpriced – and
overvalued – property.

Video Recording:

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Moderator: John M. Quigley, I. Donald Terner Distinguished Professor, Professor of
Economics, UC Berkeley

Paul Milgrom, Shirley and Leonard Ely professor of Humanities and Sciences, Department of
Economics, Stanford University

James A. Wilcox, J. and M. B. Lowrey Professor of Business, Haas Economic Analysis and
Policy Group, Haas Finance Group, UC Berkeley

Dwight Jaffee, Willis Booth Professor of Banking, Finance, and Real Estate, Haas Real Estate
Group, Haas Finance Group , UC Berkeley

Nancy Wallace, California Chair of Real Estate and Urban Economics Chair, Haas Real Estate
Group, Co-Chair, Fisher Center for Real Estate and Urban Economics, UC Berkeley

The event is being co-sponsored by Berkeley Law’s Berkeley Center for Law, Business and the
(BCLB), the UC Berkeley Center on Institutions and Governance (IGS), the Berkeley Law Blue Sky Initiative and the UC Berkeley Haas School of Business.


To view the video from the first of our Financial Markets’ series, “Global Financial Market
Turmoil” presented at UC Berkeley’s School of Law on October 2, 2008, please follow this link:

The Berkeley Center for Law and Business is the hub of Berkeley Law’s
research and teaching on the impact of law on business and the U.S. and global economies.