How Will Treasury Pick the Banks to Save? Just Trust Them

Lacking clear criteria, the process lacks crucial transparency, said Ross Levine, a professor of economics at Brown University. "It seems an essential part of the U.S. approach to government that we don't trust the angelic behavior of anybody." Full Story »

Posted by Kaizar Campwala

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Fabrice Florin
3.9
by Fabrice Florin - Jan. 3, 2009

Thoughtful report about the lack of transparency in Treasury secretary Hank Paulson's Capital Purchase Program. Well-researched article, with plenty of factual evidence and multiple expert sources -- and good insights about this important issues.

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