Ferguson, Thomas; Johnson, Robert - In: International Journal of Political Economy 38 (2009) 2, pp. 5-45
This paper is the second part of our study of the world financial crisis. Part I, "From Shadow Banking System to Shadow Bailout," appeared in the previous issue of this journal (Ferguson and Johnson 2009). The discussion centers on the "Paulson Put" that defined the "Shadow Bailout"âthe effort...