Bijlsma, Michiel; Suyker, Wim - Centraal Planbureau (CPB), Government of the Netherlands - 2008
many American homeowners who were not credit-worthy As a consequence, banks suffered heavy losses. Subsequently, banks lost … among banks, while disquiet grew among bank clients. Governments worldwide rightly took steps to avoid a situation of … government has thus far committed 30 billion euro in capital to banks, promised 200 billion euro in credit guarantees, and …
