Associate Dean Tim Canova was quoted in an article in the San Diego Union Tribune, entitled “Breaking up money-pit behemoths is necessary.” The article argues that the U.S. government should allow financial giants such as AIG to fail rather than attempting to prop them up. Regarding the spate of deregulation and lack of law enforcement
Associate Dean Tim Canova was quoted in an article in U.S. Bank, entitled “More Shares Drop.” The article describes the U.S. government’s bailout of financial institutions such as Citigroup and AIG as teetering on nationalization. While some economists are opposed to nationalization, Dean Canova states, “I am skeptical of these arguments of the government’s impotence
Associate Dean Timothy Canova was quoted in an article entitled, “The Next Economic Bubble To Burst? Take Your Pick.” The article considers trouble spots in the economy that analysts believe may wreak havoc in the future. Regarding Treasury Bonds, Dean Canova states, “The next bubble could be in Treasury’s . . . America remains dependent
Associate Dean Timothy Canova was quoted in an article in U.S. Banker entitled, “U.S. Government Data Needs a Redo.” The article discusses the nation’s economic statistics and makes the case that policymakers and business leaders need better numbers in order to ensure good outcomes in the future. Regarding inflation, Dean Canova says, “There has been
Dean Tim Canova was quoted in an article in Fortune Magazine entitled “Four questions for Tim Geithner: Forget the tax problems. Here is what legislators really need to ask Obama’s choice for Treasury secretary at Wednesday’s hearing.” In the piece, Dean Canova said Geithner needs to show legislators that he is clearly independent of the
Dean Timothy Canova was interviewed on the national public radio station WAMC, Albany, New York, on the impact of “healthy” banks applying for TARP funds to cover capital needs.
Associate Dean Timothy Canova was quoted in an article in Kansas City InfoZine entitled, “Change on Economy?” where he stated, “The selections of Larry Summers as chair of the National Economic Council and Timothy Geithner as Treasury Secretary are disappointing. Although President-elect Obama has referred to their ‘sound judgment and fresh thinking,’ when it came
Associate Dean Timothy Canova was quoted in an article in Business Week, entitled “Foreclosures: Washington to the Rescue?” addressing the current financial crisis. In the piece, Dean Canova stated, “There is a shift under way. Even people who normally would ideologically resist this course are beginning to realize the practical realities.” Read article…
Associate Dean Timothy Canova authored an op-ed appearing in the Orange County Register entitled, “Reader Rebuttal: free markets.” In his piece, Dean Canova discusses the background leading up to the subprime lending crisis. He writes that, “…the financial deregulation of the Reagan era foreshadowed many more recent developments, including the hiding of worthless assets through
Associate Dean Timothy Canova was quoted in an article in USA Today entitled, “Is today’s economic crisis another Great Depression?” in which Dean Canova commented, “Big declines in the stock market reduced people’s wealth and decreased spending.” He further stated, “$700 billion pales in comparison with what the country spent to get the economy out