Kauffman economist Robert Litan's outlines how to gauge success
The impact of the financial rescue plan signed into law on Oct. 3 will unfold over time, but it is likely not a perfect panacea for all institutions in need of capital. In his essay on The Atlantic.com, Robert Litan, vice president of Research & Policy at the Kauffman Foundation, outlines how to know if the new law is succeeding in preventing a financial meltdown. He also suggests that the federal government may still have to inject funds into specific financial institutions whose failure the government is not willing to tolerate.
Read the essay