Benn Steil


A graphical take on geoeconomic issues, with links to the news and expert commentary.

Print Print Cite Cite
Style: MLA APA Chicago Close


Proposals for Wall Street

September 22, 2008

As the graph above indicates, the markets’ perception of the risk of failure increased following the bankruptcy of Lehman Brothers. The Wall Street crisis has demonstrated the need for a systematic solution rather than case-by-case bailouts. Secretary Paulson has responded with a plan to create a $700 billion fund to buy up troubled assets from banks. The articles below discuss the risks involved and propose alternative solutions.

The Paulson Plan
The Dodd Plan
Wyplosz: Why Paulson Is (Maybe) Right (
Zingales: Why Paulson Is Wrong (
Calomiris: Matched Preferred Stock Plan
Wolf: Paulson’s Plan

Post a Comment

CFR seeks to foster civil and informed discussion of foreign policy issues. Opinions expressed on CFR blogs are solely those of the author or commenter, not of CFR, which takes no institutional positions. All comments must abide by CFR's guidelines and will be moderated prior to posting.

* Required