Tue 24 Feb 09 | 05:00 AM ET

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Banks Need Temporary Nationalization: Roubini

Tue 24 Feb 09 | 05:00 AM ET

"In the long run, we don't want government ownership of the banking system. In the short run, temporary nationalization â cleaning up the banks and selling them back to the private sector â might be the right policy," Nouriel Roubini, chairman of RGE Monitor & NYU professor, said Tuesday.

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Economy (U.S.) | Europe (West) | Investment Strategy | Politics and Government | Stock Market Banks

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Banks Need Temporary Nationalization: Roubini

Banks Need Temporary Nationalization: Roubini

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