CEP News: Seeking Alpha: Canadian taxpayers on the hook as housing cools

Seeking Alpha:
Canadian taxpayers on the hook as housing cools

6 September 2010

“With such ready access to taxpayer bailouts, Canadian banks need little capital. They naturally make large profit margins, and they can raise money even if they act badly,” write Peter Boone and Simon Johnson in an article titled ‘The Canadian Banking Fallacy.’

This article appeared in Seeking Alpha on September 4, 2010
Link to article

Related Links
Peter Boone webpage
Peter Boone publications webpage
Effective Intervention Programme webpage

Seeking Alpha:Canadian taxpayers on the hook as housing cools

Seeking Alpha:
Canadian taxpayers on the hook as housing cools