Lucian Bebchuk of Harvard argues that the U.S. stress test for banks was deeply flawed and other countries should at least try to gauge the long term losses on toxic assets.

This paper puts forward a proposal for redesigning the Treasury's plan for addressing the financial crisis. The redesigned plan, argues Lucian Bebchuk, would do a far better job of protecting taxpayer interests and restoring financial stability.

A Chapter 11 bankruptcy gives General Motors the only chance to recover, according to Joshua Rauh and Luigi Zingales of the University of Chicago.

There are alternatives to a massive government bailout of the U.S. financial industry, according to Luigi Zingales--they just would be more costly for financiers and cheaper for taxpayers.

Luigi Zingales makes suggestions to Secretary Geithner on how to resolve the financial crisis.

As Paulson's and the world's confidence in the original rescue plan has waned, Luigi Zingales, a finance professor from the University of Chicago, who early on opposed the Paulson plan, presents Plan B. Plan B is an innovative approach for dealing directly with the foreclosure crises which...