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W&L's Linda Hooks Discusses "Bad Banks" on Weekend Virginia

W&L Audio:

Linda Hooks

What exactly is a "bad bank"? And why might it be a good solution to the current economic crisis?

In an interview with WVTF's Fred Echols, Linda Hooks, the Canaan Professor of Economics at Washington and Lee University, discusses the concept behind "bad banks" and explains how it might be used in the days ahead.

Hooks' interview was part of WVTF's "Weekend Virginia" program on February 7, 2009.

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