Tag: bankruptcy
Stockton, Chicago Money Giveaways a Guaranteed Bust 

Pseudo economics driving municipal bankruptcies across the U.S.

Alex Tabarrok Interviewed on Restoring Innovation and Entrepreneurship

Independent Institute Research Director Alexander Tabarrok is interviewed here by Ray Lehmann on the FIRE (Finance, Insurance & Real Estate News) Podcast for the Heartland Institute. The interview discusses many government barriers that exist that block innovation and what policy reforms could be adopted now to restore entrepreneurship and prosperity. Issues addressed include patents...
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Confiscation of Bondholder Assets Dooms GM

Much has been made in recent weeks about the fact that the GM bankruptcy agreement moved the government’s claims to GM ahead of bondholders with secured debt. Had GM gone through typical bankruptcy proceedings the bondholders would likely have ended up owning more than half of GM, not the 10 percent they actually got....
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