Federal Reserve now admits that Moral Hazard in Banking and Finance is a serious problem Sankarshan Acharya Founder, Pro-Prosperity.Com May 23, 2014 Since I first mimeographed a paper at the Federal Reserve Board (Washington, D.C.) in 1991 on efficient resolut...
Read →Self Management of Bad Assets and Bank Nationalization January 28, 2009 Sankarshan Acharya Pro-Prosperity.Com and Citizens for Development January 27, 2009 Honorable President Barack Obama Honorable Vice President Joe Biden Honorable Speaker Nancy Pelosi Honor...
Read →Bailout is Suboptimal But Safe Banking is Optimal for Taxpayers September 24, 2008 Sankarshan Acharya Pro-Prosperity.Com and Citizens for Development To U.S. Congress Sub: The bailout proposal is sub-optimal for taxpayers It is very remarkable that the market...
Read →New Optimal Financial and Banking Regulation March 31, 2008 Dr. Ben Bernanke, Chairman, Federal Reserve Board 20th & Constitution Ave NW Washington, DC 20551 Sub: Regulatory Reform Dear Dr. Bernanke, The root cause of the current financial market meltdown is t...
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