A detailed study of the history of bailouts... [and] a must-read for anyone interested in the policy implications of bailouts.
(Andrew Jalil EH.net
A timely, accessible examination of government bailouts.
Do bailouts make good financial sense and benefit the public at large? What are the ethical issues surrounding government bailouts? How far back does this history go in America and what have been the consequences of these interventions? This book tackles these questions as well as, most importantly, whether government bailouts speed up financial recovery. Compact, easy-to-read, yet firmly grounded in academic scholarship, Bailouts is an excellent introduction for nonspecialists interested in the costs and benefits of bailouts.
(Nouriel Roubini, New York University Stern School of Business, and coauthor of Bailouts or Bail-ins: Responding to Financial Crises in Emerging Economies