5: Bailing out the banks: reconciling stability and competition

Paul Seabright interviewed by Viv Davies, 19 February 2010Paul Seabright of the Toulouse School of Economics talks to Viv Davies about a new CEPR report, Bailing out the Banks, which analyses state-supported schemes for financial institutions in the current crisis and the need to reconcile the potentially conflicting policy goals of financial stability and competition in the banking industry. The interview was recorded in London in February 2010.