John Allison could be the busiest individual in Winston-Salem.
Yesterday, it was announced that he would become the president and CEO of the Cato Institute. In today's online version of American Banker, Allison discusses his new book and discloses his intention to step down as a professor at the Wake Forest University Schools of Business in September when he joins the libertarian think tank. (He hopes to remain on the board of visitors.)
According to Amazon.com, McGraw-Hill will release the 320-page book on Sept. 25. The site summarizes the work as: "One of the biggest voices for economic and banking policy reform - with support from the Ayn Rand Institute - argues that extreme free market capitalism is the only hope for building back our economy." The presale price is $21.15.
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| Photo: Amazon.com |
“Hopefully, I have eliminated some of the confusion" about the 2008 financial crisis, Allison tells American Banker.
The crisis led the Bush administration to intervene with the Troubled Asset Relief Program which infused billions of dollars into the banking system. Allison has always raised objections to the program, saying that his bank was forced to participate.
“I also hope to impact the debate during the presidential election," he tells American Banker. "Everything we’ve done since the crisis has hurt us in the long term. … I’m not interested in politics but I am interested in the policies.”
The crisis led the Bush administration to intervene with the Troubled Asset Relief Program which infused billions of dollars into the banking system. Allison has always raised objections to the program, saying that his bank was forced to participate.
“I also hope to impact the debate during the presidential election," he tells American Banker. "Everything we’ve done since the crisis has hurt us in the long term. … I’m not interested in politics but I am interested in the policies.”
According to Amazon.com, McGraw-Hill will release the 320-page book on Sept. 25. The site summarizes the work as: "One of the biggest voices for economic and banking policy reform - with support from the Ayn Rand Institute - argues that extreme free market capitalism is the only hope for building back our economy." The presale price is $21.15.
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