Nobel Economist Stiglitz: Geithner Plan Will Rob Taxpayers, Won’t Work

Nobel economist Joseph Stiglitz said that Geithner’s toxic asset plan “amounts to robbery of the American people”, is badly flawed and probably won’t work, offers “perverse incentives” to banks.

He joins Paul Krugman, Dean Baker and many others in slamming the plan.

This entry was posted in General. Bookmark the permalink.