Why government guarantees are a double-edged sword

from London Business School podcasts · host London Business School

Professor Julian Franks looks at why banks were so highly levered prior to and even during the crisis. His recent research with Professor Viral Acharya discusses the impact government guarantees have had on bank debt.

Episode metadata supplied by the publisher feed · Published Feb 10, 2009

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Why government guarantees are a double-edged sword

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