Two perspectives on bail outs

Nassim Taleb makes the case for not repeating the mistakes made in the GFC adding his voice to others who have already spoke out on this question.

But at least one airline executive does not see it this way

I am with Nassim on this one

Tony

Author: From the Outside

After working in the Australian banking system for close to four decades, I am taking some time out to write and reflect on what I have learned. My primary area of expertise is bank capital management but this blog aims to offer a bank insider's outside perspective on banking, capital, economics, finance and risk.

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