From What Now Must We Do, by Gar Alperovitz: "Is the reality... - TopicsExpress

From What Now Must We Do, by Gar Alperovitz: "Is the reality... that large private firms make enormous private profits when the going is good and get bailed out and taken into temporary public ownership when the going gets bad, with the tax payer taking the risk and the losses? If so, then why not keep these activities in permanent public ownership?" - Willem Buiter, September 17, 2008. In January, 2010, Buiter became the head economist for Citigroup.