Sheila Bair Gives Here Account of the Crisis, and (Quelle Surprise!) the Bailouts and Geithner Do Not Look Pretty
My thanks to a subscriber for this comment, posted on Naked Capitalism. Here is the introductory paragraph:
Sheila Bair's new book Bull by the Horns is out and based on early reports, it looks like it skewers the bailouts in general and Tim Geithner in particular. But it also gets a lot into the weeds in what still needs to be fixed in bank-land, which is a part of these crisis post-mortems and retrospectives that too often get short shrift.
David Fuller's view I am sure the book will be interesting. However, I personally do not feel a need for additional insights regarding this massive scandal. Instead, I will take the lazy route and hope that Tim Price comments on it.
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