Responsibility, Repair and Redistribution in the Wake of the Financial Crisis

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dc.contributor.authorSepinwall, Amy J
dc.date2023-05-17T20:18:10.000
dc.date.accessioned2023-05-22T23:15:55Z
dc.date.available2023-05-22T23:15:55Z
dc.date.issued2013-01-01
dc.date.submitted2018-06-28T07:39:22-07:00
dc.description.abstractWho bears responsibility for the financial crisis? The list of possible culprits is unmanageably long and at times internally inconsistent, as it includes subprime mortgages and over-zealous mortgage originators; risk-happy investment bankers and the ineffectual ratings agents who rubber-stamped the bankers' exotic products; and neoconservatives hell-bent on deregulation along with liberal politicians cowering before entities they allowed to become too big to fail.1 Nonetheless the question of responsibility seems to demand an answer not only for purposes of arriving at lessons that might avert a future crisis but also for answering a second question that seems a natural corollary of the first—viz., who bears responsibility for funding the bailouts necessitated by the financial crisis? More specifically, who in the United States bears responsiblity for funding the bailouts undertaken by the U.S. government?
dc.identifier.urihttps://repository.upenn.edu/handle/20.500.14332/38356
dc.legacy.articleid1068
dc.legacy.fulltexturlhttps://repository.upenn.edu/cgi/viewcontent.cgi?article=1068&context=lgst_papers&unstamped=1
dc.rightsOriginally published by the Georgetown Journal of Law & Public Policy © 2013 The Author.
dc.source.beginpage301
dc.source.endpage315
dc.source.issue60
dc.source.journalLegal Studies and Business Ethics Papers
dc.source.journaltitleGeorgetown Journal of Law & Public Policy
dc.source.statuspublished
dc.source.volume11
dc.subject.otherBanking and Finance Law
dc.subject.otherBusiness Law, Public Responsibility, and Ethics
dc.subject.otherCorporate Finance
dc.subject.otherEconomic Policy
dc.subject.otherFinance
dc.subject.otherFinance and Financial Management
dc.subject.otherLaw
dc.subject.otherLegal Studies
dc.subject.otherOrganizational Behavior and Theory
dc.subject.otherReal Estate
dc.titleResponsibility, Repair and Redistribution in the Wake of the Financial Crisis
dc.typeArticle
digcom.identifierlgst_papers/60
digcom.identifier.contextkey12408300
digcom.identifier.submissionpathlgst_papers/60
digcom.typearticle
dspace.entity.typePublication
relation.isAuthorOfPublicationcd091dc4-647c-4fcb-9958-144a1a82327c
relation.isAuthorOfPublication.latestForDiscoverycd091dc4-647c-4fcb-9958-144a1a82327c
upenn.schoolDepartmentCenterLegal Studies and Business Ethics Papers
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