Word: kashyap
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...stricter regulations could have stopped U.S. investment bankers from creating mortgage bonds filled with risky home loans and then passing those bonds off as safe investments to foreign investors. "Most of the blame for the financial crisis lies in the choices that were made inside the U.S.," says Anil Kashyap, an economics professor at University of Chicago's Booth School of Business...
...many students in attendance, Gandy’s discussion filled a void in the Harvard community. “Multi-issue advocacy is sparse on this campus,” said Ridhi Kashyap ’10. “It’s through dialogues such as these that plural advocacy can be fostered...
...Stein] really was the right man at the right time,” says University of Chicago Business School Professor Anil K. Kashyap, who has been working with Stein for more than 20 years. “I give the President and Larry Summers a lot of credit. They convinced him to uproot his life and his teaching to go down there...
...move to recapitalize the banks got an endorsement in global stock markets, which momentarily roared back, in many cases with record one-day gains. "[They] have headed off a full-blown collapse of the economy," says Anil Kashyap, an economist at the University of Chicago Graduate School of Business. "There's a 0% chance of 1930s-type depression...
...banking system needs capital. Now. So it makes sense for Treasury to address the problem directly. How much? Good question. Will it work? "It should help," says Kashyap. "The question is, Do they execute in a way that doesn't botch it? They've finally bitten the bullet; now they've got a chance to succeed...