Systemic Threats, Supervisory Shortfalls
Moody's Talks - Inside Economics
00:00
The Decrepit Bladation With the Wind
The Treasury Department's reverse auction plan was a brilliant theory. But implementing that thing, you know, pretty, I don't know, couldn't do it. So we thought to ourselves, what's the right analogy for the American public? It's not gone with the wind, right? It's a tarp, right? When you're in a baseball game and the storm clouds come and the rain comes and everybody has to leave the field, you roll out the tarp,. Storm passes, you roll it back, fields good, we can all come back.
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