Stiglitz criticizes Bad Bank Plan
February 02, 2009 at 08:17 AM EST
[Skip to the end] He gets some things right, but always manages to get a lot wrong: That amounts to swapping taxpayers’ “cash for trash,” Stiglitz said in a panel discussion at the World Economic Forum in Davos, Switzerland today. “You shouldn’t chase good money after bad. We’re talking about a national debt that’s very hard to [...]