Guardians of finance :: making regulators work for us /
"The recent financial crisis was an accident, a 'perfect storm' fueled by an unforeseeable confluence of events that unfortunately combined to bring down the global financial systems. And policy makers? They did everything they could, given their limited authority. It was all a terrib...
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Hauptverfasser: | , , |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Cambridge, Mass. :
MIT Press,
©2012.
|
Schlagworte: | |
Online-Zugang: | DE-862 DE-863 |
Zusammenfassung: | "The recent financial crisis was an accident, a 'perfect storm' fueled by an unforeseeable confluence of events that unfortunately combined to bring down the global financial systems. And policy makers? They did everything they could, given their limited authority. It was all a terrible, unavoidable accident. Or at least this is the story told and retold by a chorus of luminaries that includes Timothy Geithner, Henry Paulson, Robert Rubin, Ben Bernanke, and Alan Greenspan. In Guardians of Finance, economists James Barth, Gerard Caprio, and Ross Levine argue that the financial meltdown of 2007 to 2009 was no accident; it was negligent homicide. They show that senior regulatory officials around the world knew or should have known that their policies were destabilizing the global financial system, had years to process the evidence that risks were rising, had the authority to change their policies--and yet chose not to act until the crisis had fully emerged. The current system, the authors write, is simply not designed to make policy choices on behalf of the public. It is virtually impossible for the public and its elected officials to obtain informed and impartial assessment of financial regulation and to hold regulators accountable. Barth, Caprio, and Levine propose a reform to counter this systemic failure: the establishment of a 'Sentinel' to provide an informed, expert, and independent assessment of financial regulation. Its sole power would be to demand information and to evaluate it from the perspective of the public--rather than that of the financial industry, the regulators, or politicians"--Provided by publisher |
Beschreibung: | 1 online resource (xiii, 280 pages) |
Bibliographie: | Includes bibliographical references and index. |
ISBN: | 0262301520 9780262301527 9780262302302 0262302306 1280498951 9781280498954 9786613594181 6613594180 |
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520 | |a "The recent financial crisis was an accident, a 'perfect storm' fueled by an unforeseeable confluence of events that unfortunately combined to bring down the global financial systems. And policy makers? They did everything they could, given their limited authority. It was all a terrible, unavoidable accident. Or at least this is the story told and retold by a chorus of luminaries that includes Timothy Geithner, Henry Paulson, Robert Rubin, Ben Bernanke, and Alan Greenspan. In Guardians of Finance, economists James Barth, Gerard Caprio, and Ross Levine argue that the financial meltdown of 2007 to 2009 was no accident; it was negligent homicide. They show that senior regulatory officials around the world knew or should have known that their policies were destabilizing the global financial system, had years to process the evidence that risks were rising, had the authority to change their policies--and yet chose not to act until the crisis had fully emerged. The current system, the authors write, is simply not designed to make policy choices on behalf of the public. It is virtually impossible for the public and its elected officials to obtain informed and impartial assessment of financial regulation and to hold regulators accountable. Barth, Caprio, and Levine propose a reform to counter this systemic failure: the establishment of a 'Sentinel' to provide an informed, expert, and independent assessment of financial regulation. Its sole power would be to demand information and to evaluate it from the perspective of the public--rather than that of the financial industry, the regulators, or politicians"--Provided by publisher | ||
504 | |a Includes bibliographical references and index. | ||
505 | 0 | |a Introduction -- Regulating finance is hard to do -- Incentives run amok -- How U.S. regulators encouraged the financial crisis -- American crisis? Ain't necessarily so -- Been down this road many times before -- More of the same: post 2007-2009 financial crisis regulation -- Making the guardians of finance work for us. | |
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Datensatz im Suchindex
DE-BY-FWS_katkey | ZDB-4-EBU-ocn778067463 |
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adam_text | |
any_adam_object | |
author | Barth, James R. Caprio, Gerard Levine, Ross |
author_GND | http://id.loc.gov/authorities/names/n80164005 http://id.loc.gov/authorities/names/n82141369 http://id.loc.gov/authorities/names/n91037005 |
author_facet | Barth, James R. Caprio, Gerard Levine, Ross |
author_role | aut aut aut |
author_sort | Barth, James R. |
author_variant | j r b jr jrb g c gc r l rl |
building | Verbundindex |
bvnumber | localFWS |
callnumber-first | H - Social Science |
callnumber-label | HB3722 |
callnumber-raw | HB3722 .B374 2012eb |
callnumber-search | HB3722 .B374 2012eb |
callnumber-sort | HB 43722 B374 42012EB |
callnumber-subject | HB - Economic Theory and Demography |
collection | ZDB-4-EBU |
contents | Introduction -- Regulating finance is hard to do -- Incentives run amok -- How U.S. regulators encouraged the financial crisis -- American crisis? Ain't necessarily so -- Been down this road many times before -- More of the same: post 2007-2009 financial crisis regulation -- Making the guardians of finance work for us. |
ctrlnum | (OCoLC)778067463 |
dewey-full | 332.0973 |
dewey-hundreds | 300 - Social sciences |
dewey-ones | 332 - Financial economics |
dewey-raw | 332.0973 |
dewey-search | 332.0973 |
dewey-sort | 3332.0973 |
dewey-tens | 330 - Economics |
discipline | Wirtschaftswissenschaften |
era | 2008-2009 fast |
era_facet | 2008-2009 |
format | Electronic eBook |
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Barth, Gerard Caprio, Jr., and Ross Levine.</subfield></datafield><datafield tag="260" ind1=" " ind2=" "><subfield code="a">Cambridge, Mass. :</subfield><subfield code="b">MIT Press,</subfield><subfield code="c">©2012.</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 online resource (xiii, 280 pages)</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="a">text</subfield><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="a">computer</subfield><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="a">online resource</subfield><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="340" ind1=" " ind2=" "><subfield code="g">polychrome.</subfield><subfield code="2">rdacc</subfield><subfield code="0">http://rdaregistry.info/termList/RDAColourContent/1003</subfield></datafield><datafield tag="347" ind1=" " ind2=" "><subfield code="a">data file</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">"The recent financial crisis was an accident, a 'perfect storm' fueled by an unforeseeable confluence of events that unfortunately combined to bring down the global financial systems. And policy makers? They did everything they could, given their limited authority. It was all a terrible, unavoidable accident. Or at least this is the story told and retold by a chorus of luminaries that includes Timothy Geithner, Henry Paulson, Robert Rubin, Ben Bernanke, and Alan Greenspan. In Guardians of Finance, economists James Barth, Gerard Caprio, and Ross Levine argue that the financial meltdown of 2007 to 2009 was no accident; it was negligent homicide. They show that senior regulatory officials around the world knew or should have known that their policies were destabilizing the global financial system, had years to process the evidence that risks were rising, had the authority to change their policies--and yet chose not to act until the crisis had fully emerged. The current system, the authors write, is simply not designed to make policy choices on behalf of the public. It is virtually impossible for the public and its elected officials to obtain informed and impartial assessment of financial regulation and to hold regulators accountable. Barth, Caprio, and Levine propose a reform to counter this systemic failure: the establishment of a 'Sentinel' to provide an informed, expert, and independent assessment of financial regulation. Its sole power would be to demand information and to evaluate it from the perspective of the public--rather than that of the financial industry, the regulators, or politicians"--Provided by publisher</subfield></datafield><datafield tag="504" ind1=" " ind2=" "><subfield code="a">Includes bibliographical references and index.</subfield></datafield><datafield tag="505" ind1="0" ind2=" "><subfield code="a">Introduction -- Regulating finance is hard to do -- Incentives run amok -- How U.S. regulators encouraged the financial crisis -- American crisis? 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geographic_facet | United States |
id | ZDB-4-EBU-ocn778067463 |
illustrated | Not Illustrated |
indexdate | 2025-03-18T14:27:38Z |
institution | BVB |
isbn | 0262301520 9780262301527 9780262302302 0262302306 1280498951 9781280498954 9786613594181 6613594180 |
language | English |
oclc_num | 778067463 |
open_access_boolean | |
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physical | 1 online resource (xiii, 280 pages) |
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publishDate | 2012 |
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publisher | MIT Press, |
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spelling | Barth, James R., author. http://id.loc.gov/authorities/names/n80164005 Guardians of finance : making regulators work for us / James R. Barth, Gerard Caprio, Jr., and Ross Levine. Cambridge, Mass. : MIT Press, ©2012. 1 online resource (xiii, 280 pages) text txt rdacontent computer c rdamedia online resource cr rdacarrier polychrome. rdacc http://rdaregistry.info/termList/RDAColourContent/1003 data file "The recent financial crisis was an accident, a 'perfect storm' fueled by an unforeseeable confluence of events that unfortunately combined to bring down the global financial systems. And policy makers? They did everything they could, given their limited authority. It was all a terrible, unavoidable accident. Or at least this is the story told and retold by a chorus of luminaries that includes Timothy Geithner, Henry Paulson, Robert Rubin, Ben Bernanke, and Alan Greenspan. In Guardians of Finance, economists James Barth, Gerard Caprio, and Ross Levine argue that the financial meltdown of 2007 to 2009 was no accident; it was negligent homicide. They show that senior regulatory officials around the world knew or should have known that their policies were destabilizing the global financial system, had years to process the evidence that risks were rising, had the authority to change their policies--and yet chose not to act until the crisis had fully emerged. The current system, the authors write, is simply not designed to make policy choices on behalf of the public. It is virtually impossible for the public and its elected officials to obtain informed and impartial assessment of financial regulation and to hold regulators accountable. Barth, Caprio, and Levine propose a reform to counter this systemic failure: the establishment of a 'Sentinel' to provide an informed, expert, and independent assessment of financial regulation. Its sole power would be to demand information and to evaluate it from the perspective of the public--rather than that of the financial industry, the regulators, or politicians"--Provided by publisher Includes bibliographical references and index. Introduction -- Regulating finance is hard to do -- Incentives run amok -- How U.S. regulators encouraged the financial crisis -- American crisis? Ain't necessarily so -- Been down this road many times before -- More of the same: post 2007-2009 financial crisis regulation -- Making the guardians of finance work for us. Financial crises United States. Financial crises United States Prevention. Finance Government policy United States. Financial institutions United States. Banks and banking United States. http://id.loc.gov/authorities/subjects/sh85011640 Global Financial Crisis, 2008-2009. http://id.loc.gov/authorities/subjects/sh2009003683 Finances Politique gouvernementale États-Unis. Institutions financières États-Unis. Banques États-Unis. Crise financière mondiale, 2008-2009. BUSINESS & ECONOMICS Finance. bisacsh Banks and banking fast Finance Government policy fast Financial crises fast Financial crises Prevention fast Financial institutions fast United States fast https://id.oclc.org/worldcat/entity/E39PBJtxgQXMWqmjMjjwXRHgrq Global Financial Crisis (2008-2009) fast https://id.oclc.org/worldcat/entity/E39Qhp4vBbr3T8xBMDbJhDhGmm 2008-2009 fast ECONOMICS/Finance Caprio, Gerard, author. http://id.loc.gov/authorities/names/n82141369 Levine, Ross, author. http://id.loc.gov/authorities/names/n91037005 has work: Guardians of finance (Text) https://id.oclc.org/worldcat/entity/E39PCFWFwvbJJ8Pgcr7KbGg8Q3 https://id.oclc.org/worldcat/ontology/hasWork Print version: Barth, James R. Guardians of finance. Cambridge, Mass. : MIT Press, ©2012 9780262017398 (DLC) 2011038519 (OCoLC)753468516 |
spellingShingle | Barth, James R. Caprio, Gerard Levine, Ross Guardians of finance : making regulators work for us / Introduction -- Regulating finance is hard to do -- Incentives run amok -- How U.S. regulators encouraged the financial crisis -- American crisis? Ain't necessarily so -- Been down this road many times before -- More of the same: post 2007-2009 financial crisis regulation -- Making the guardians of finance work for us. Financial crises United States. Financial crises United States Prevention. Finance Government policy United States. Financial institutions United States. Banks and banking United States. http://id.loc.gov/authorities/subjects/sh85011640 Global Financial Crisis, 2008-2009. http://id.loc.gov/authorities/subjects/sh2009003683 Finances Politique gouvernementale États-Unis. Institutions financières États-Unis. Banques États-Unis. Crise financière mondiale, 2008-2009. BUSINESS & ECONOMICS Finance. bisacsh Banks and banking fast Finance Government policy fast Financial crises fast Financial crises Prevention fast Financial institutions fast |
subject_GND | http://id.loc.gov/authorities/subjects/sh85011640 http://id.loc.gov/authorities/subjects/sh2009003683 |
title | Guardians of finance : making regulators work for us / |
title_auth | Guardians of finance : making regulators work for us / |
title_exact_search | Guardians of finance : making regulators work for us / |
title_full | Guardians of finance : making regulators work for us / James R. Barth, Gerard Caprio, Jr., and Ross Levine. |
title_fullStr | Guardians of finance : making regulators work for us / James R. Barth, Gerard Caprio, Jr., and Ross Levine. |
title_full_unstemmed | Guardians of finance : making regulators work for us / James R. Barth, Gerard Caprio, Jr., and Ross Levine. |
title_short | Guardians of finance : |
title_sort | guardians of finance making regulators work for us |
title_sub | making regulators work for us / |
topic | Financial crises United States. Financial crises United States Prevention. Finance Government policy United States. Financial institutions United States. Banks and banking United States. http://id.loc.gov/authorities/subjects/sh85011640 Global Financial Crisis, 2008-2009. http://id.loc.gov/authorities/subjects/sh2009003683 Finances Politique gouvernementale États-Unis. Institutions financières États-Unis. Banques États-Unis. Crise financière mondiale, 2008-2009. BUSINESS & ECONOMICS Finance. bisacsh Banks and banking fast Finance Government policy fast Financial crises fast Financial crises Prevention fast Financial institutions fast |
topic_facet | Financial crises United States. Financial crises United States Prevention. Finance Government policy United States. Financial institutions United States. Banks and banking United States. Global Financial Crisis, 2008-2009. Finances Politique gouvernementale États-Unis. Institutions financières États-Unis. Banques États-Unis. Crise financière mondiale, 2008-2009. BUSINESS & ECONOMICS Finance. Banks and banking Finance Government policy Financial crises Financial crises Prevention Financial institutions United States |
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