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Entries from Gothamist tagged with 'Princeton'

October 14, 2008

Paul Krugman, who won this year's Nobel Prize for economics, told CNBC that the Treasury Department's move to inject banks with $250 billion is better than the original bailout plan. He said, "In the last six days this thing has come together with a plan that really does address the critical problem of inadequate capital at the banks (and) addresses the need for guarantees to calm the markets down. We don’t know this is going......

Continue Reading "Nobel Prize Winner Krugman Likes New Bailout Plan"

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