Lenders didn't voluntarily lend to credit unworthy borrowers. The Federal Gov't forced them to, and no, the borrowers nor the lenders should be rewarded for their behavior, but Obama et al and Bush, jr. et al have already done that.
This is another lecture that is more watchable than many - good sound (thanks Harvard B-School!) - good into to the topic, very engaging student-prof mêlée.
Robert Pozen is a Senior Lecturer, not a Professor. Might want to update the info line.
xarqin 8 months ago
The Fed isn't any more federal than federal express and you advocate expanding thier "jurisdiction." Good luck with that.
BigGunsBates 1 year ago
Lenders didn't voluntarily lend to credit unworthy borrowers. The Federal Gov't forced them to, and no, the borrowers nor the lenders should be rewarded for their behavior, but Obama et al and Bush, jr. et al have already done that.
BigGunsBates 1 year ago
This is another lecture that is more watchable than many - good sound (thanks Harvard B-School!) - good into to the topic, very engaging student-prof mêlée.
njlachap 2 years ago 2
i truly hope these students can put better comments if they're about to get paid 100k a month upon their graduation ;)
susahamatcarinama 2 years ago