“Bailouts allow investors to keep all the profits in good times without bearing the losses in bad times. Instead, bailouts impose losses on taxpayers, including those most in danger of losing their […
Bloomberg Business Week. Deborah Lucas says, “You don’t want to blow up viable, going concerns, and that’s the biggest risk in the current situation. It’s worth paying a lot to […]
While large numbers defy comprehension, Americans should try to wrap their minds around the huge sums of money owed on the fastest growing segment of the federal budget. The interest […]
By Douglas Criscitello / With taxpayers at risk for $20 trillion in loans and insured obligations, worth more than the five largest American bank companies combined, the United States government...
by Deborah Lucas / It has been 10 years since the federal government took emergency actions in response to the financial crisis of 2008. Were those expensive interventions good investments?
The United States government today is one of the largest consumer lending institutions in the world. Its expansive loan portfolio has been growing for years with little attention given to […]
GCFP Executive Director Edward Golding recently wrote with colleagues from the Urban Institute (Laurie Goodman, Jung Hyun Choi, and John Walsh) about how government policy may unnecessarily hinder...
GCFP serves as a catalyst for innovative, cross-disciplinary and non-partisan research and educational initiatives that address the unique challenges facing governments as financial institutions.
