Testimony submitted to the Senate Banking Committee, hearing on
Thursday, February 4, 2010
Submitted by Simon Johnson, Ronald Kurtz Professor of Entrepreneurship, MIT Sloan School of Management;Senior Fellow, Peterson Institute for International Economics; and co-founder of http://www.BaselineScenario.com
Phi Beta Iota: The bottom line is discussed in more digestible form at Revised Baseline Scenario: February 9, 2010 which ends as follows:
22) We are steadily becoming more vulnerable to economic disaster on an epic scale.
By Peter Boone, Simon Johnson, and James Kwak