Obama and the banking crisis

Author:
Updated:
Original:

As Barack Obama takes over the presidency, ideas for fixing the banking crisis are circulating, from having government buy banks’ troubled assets to nationalizing the banking system.

In his latest New York Times DealBook column, Andrew Ross Sorkin suggests that the alternatives being considered all have drawbacks that need addressing before the President and his team settle on a turnaround strategy.

Click here for Sorkin’s post.

Related

The Calm Before the Storm?

Although key measures continued on an upward trajectory and unemployment numbers have fallen, the overall outlook for 2020 remains volatile.