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Book Cover
Author Posner, Eric A., 1965- author.

Title Last resort : the financial crisis and the future of bailouts / Eric A. Posner.

Publication Info. ©2018
Chicago, IL : The University of Chicago Press, 2018.


Location Call No. Status
 PAS Central Library Non-Fiction, 3rd Floor    338.543 POS    Available
 PAS Lamanda Park Branch Non-Fiction    338.543 POS    Available
1 copy being processed for PAS Central Library On Order.
1 copy being processed for PAS Lamanda Park Branch On Order.
Description 219 pages : illustrations ; 24 cm
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volume nc rdacarrier
Bibliography Includes bibliographical references (pages 187-208) and index.
Contents Introduction -- The transformation of the financial system -- Crisis -- The lawfulness of the rescue -- The trial of AIG -- Fannie and Freddie -- The bankruptcies of General Motors and Chrysler -- Takings and government action in emergencies -- Politics and reform.
Summary Eric A. Posner argues that bailouts, like those that took place during the 2008-2009 financial crisis, have happened in the past and that they are both "necessary and unavoidable in any modern capitalist or market-based system." Posner analyzes bailouts from economic, political, and legal angles.--Provided by publisher.
Subject Financial crises -- United States.
Bailouts (Government policy) -- United States.
Intervention (Federal government) -- United States.
Global Financial Crisis, 2008-2009.
ISBN 9780226420066 (hardcover ; alkaline paper) $27.50
022642006X (hardcover ; alkaline paper) $27.50
9780226420233 (electronic book)
Standard No. 40028062584

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