DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Economic crisis : Nationalisation of banks

**GlarlraTpople** · 02-23-2009, 12:43 PM

How bank nationalization would work
(01:40) Report Feb. 20 -

The pros and cons of a possible US government takeover of increasingly troubled banks.

The White House says it strongly believes in a privately held bank system but experts like NYU Professor Matthew Richardson say governmental control may be the only way to keep some banks from disappearing. Manoush Zomorodi reports from New York. SOUNDBITE: Professor Matthew RIchardson of NYU's Stern School of business

02-23-2009, 12:43 PM	#2
GlarlraTpople Join Date Oct 2005 Posts 563 Senior Member	How bank nationalization would work (01:40) Report Feb. 20 - The pros and cons of a possible US government takeover of increasingly troubled banks. The White House says it strongly believes in a privately held bank system but experts like NYU Professor Matthew Richardson say governmental control may be the only way to keep some banks from disappearing. Manoush Zomorodi reports from New York. SOUNDBITE: Professor Matthew RIchardson of NYU's Stern School of business
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