Knowledge@wharton

Jeremy Siegel’s Advice to Banks: Lend That Money Now

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Before the stock market and the broader economy can return to something that looks like normal banks must start to lend the billions they are getting from the U.S. Treasury’s Troubled Asset Recovery Program says Wharton finance professor Jeremy Siegel. In an interview with Knowledge at Wharton he also discusses the government’s rescue of Citigroup and the proposed bailout of the U.S. auto industry. See acast.com/privacy for privacy and opt-out information.