U.S. government
2 statements across 1 episodes · 1 bullish · 1 bearish · 1 people on the record · first statement Jul 23, 2018 by Manny Friedman · across every show →
Everything said about U.S. government, oldest first
Jul 23, 2018 positive
Friedman: TARP was brilliant and its critics misunderstand systemic risk
“And they did a brilliant, remarkable job. I can't believe that people still complain about TARP and what the government did. It's really because they literally lack an understanding of how the system works. How interconnected all the system is.”
Jul 23, 2018 negative
Friedman: Government inaction on Lehman Brothers triggered the 2008 financial crisis
“The crisis was created when Lehman failed and the government did nothing. They just simply decided, well, we don't have the authority to act, which we know is not true, because you can read laws a million different ways. Once that happened, people lost confide…”