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

State intervention

15 January 2008 By Martin Hutchinson

New Jersey s investments in Citigroup and Merrill Lynch happen to help protect large local employers. By that token, so do China s investments in its local banks. When states use public money to bail out companies, they risk negating free market price signals.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)