We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Bailout lament

3 June 2016 By Neil Unmack

Governor Ignazio Visco has argued that governments should have more freedom to rescue banks. His case for bailouts in limited circumstances is defensible, except in Italy, whose banking crisis is a result of government failure and poor oversight. It sounds like special pleading.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)