The Great Debate

How G20 can unfreeze credit and cut bailout costs

April 1, 2009

Lena Komileva– Lena Komileva is Head of G7 Market Economics, Tullett Prebon –

One of the big historical lessons of this crisis for economic policy is that bringing down the risk-free cost of money – central bank rates or government bond yields – and injecting liquidity into the banking system cannot on their own fix broken credit markets.

Let sleeping shadow banking systems lie

By J Saft
March 6, 2009

James Saft Great Debate – James Saft is a Reuters columnist. The opinions expressed are his own –