John Cochrane says institutions without bailout or lender-of-last-resort support must issue more equity and long-term debt to attract capital. Investors need st

BWB News TV • 2026-08-09 17:21 UTC • By Billy Odell Tucker-Robinson

John Cochrane says institutions without bailout or lender-of-last-resort support must issue more equity and long-term debt to attract capital. Investors need stronger safeguards, adding to Cochrane’s broader critique of policy assumptions.

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