How big banks fail and what to do about it:
Saved in:
Bibliographic Details
Main Author: Duffie, Darrell (Author)
Format: Electronic eBook
Language:English
Published: Princeton Princeton University Press ©2011
Subjects:
Online Access:Volltext
Item Description:Includes bibliographical references (pages 79-86) and index
Introduction -- What is a dealer bank? -- Failure mechanisms -- Recapitalizing a weak bank -- Improving regulations and market infrastructure -- Appendix: Central clearing of derivatives
Dealer banks--that is, large banks that deal in securities and derivatives, such as J.P. Morgan and Goldman Sachs--are of a size and complexity that sharply distinguish them from typical commercial banks. When they fail, as we saw in the global financial crisis, they pose significant risks to our financial system and the world economy. How Big Banks Fail and What to Do about It examines how these banks collapse and how we can prevent the need to bail them out. In sharp, clinical detail, Darrell Duffie walks readers step-by-step through the mechanics of large-bank failures. He identifies where
Physical Description:1 Online-Ressource (91 pages)
ISBN:9781400836994
1400836999
9780691148854
0691148856

There is no print copy available.

Interlibrary loan Place Request Caution: Not in THWS collection! Get full text