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                    [Title] => Financial economists urge halt in state bail-out of troubled financial institutions
                    [Summary] => Continued government absorption of losses, excessive safety nets and other interventions, which bailout financial institutions without operational or systematic reforms, serve to reward and foster inappropriate risk taking.


That was the position taken by Eric Manes, senior financial economist of the Asian Development Bank (ADB) during a recent forum held at the Asian Institute of Management (AIM).


                    [DatePublished] => 2004-01-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Banking
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ERIC MANES

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                    [Title] => Financial economists urge halt in state bail-out of troubled financial institutions
                    [Summary] => Continued government absorption of losses, excessive safety nets and other interventions, which bailout financial institutions without operational or systematic reforms, serve to reward and foster inappropriate risk taking.


That was the position taken by Eric Manes, senior financial economist of the Asian Development Bank (ADB) during a recent forum held at the Asian Institute of Management (AIM).


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Financial economists urge halt in state bail-out of troubled financial institutions

By Ted P. Torres | January 27, 2004 - 12:00am

Continued government absorption of losses, excessive safety nets and other interventions, which bailout financial institutions without operational or systematic reforms, serve to reward and foster inappropriate risk...

Banking