Why does this page look this way?
It appears that you are using either an older, classic Web browser or a hand-held device that allows you to view our content but may not work with every feature of our site. If you are using an older browser, please upgrade for the best experience.
home > Recovery Without Bailout, Even for General Motors: Amity Shlaes > email a link
You are sending a link to this publication:
September 19, 2008
Amity Shlaes argues that recovery is possible without a bailout, as demonstrated by the case of GM and JP Morgan in the early 1920s. A new rule forcing investment banks to share the cost of a rescue would discourage unnecessary bailouts.
The e-mail addresses you submit will only be used to send the above publication.
Your Email Address
Recipient's Email Address
Personal message
Copyright 2009 by the Council on Foreign Relations. All Rights Reserved.