Banking on Failure: Fixing the Fiasco of Junk Banks, Government Bailouts, and Fiat Money - Couverture souple

Pimbley, Joseph M.; McDevitt, Laurel

 
9780692274262: Banking on Failure: Fixing the Fiasco of Junk Banks, Government Bailouts, and Fiat Money

Synopsis

In 2008, the global financial system collapsed. Citizens paid outrageous bailout costs and yet continue to suffer the economic pain of unemployment and stagnation. Motivated by the failures of banks and governments, Joe Pimbley and Laurel McDevitt propose simple but drastic changes to banking and bank regulation. BANKING ON FAILURE explains how banks will be safer and have far less impact on economies and governments if and when they do fail. No more bailouts!

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

À propos de l?auteur

Joe Pimbley is an independent financial consultant with expertise in financial risk management as well as modeling, risk, and valuation analysis for financial asset types including structured products, derivatives, currencies, and debt of corporate, financial, municipal, and sovereign entities. His experience includes leadership of business groups, information technology, enterprise risk management, and quantitative modeling teams. In a prominent engagement from 2009 to 2010, Joe served as a lead investigator for the Examiner appointed by the Lehman bankruptcy court to resolve numerous issues pertaining to history’s largest bankruptcy. He earned the BS, MS, and PhD degrees in theoretical physics from the Rensselaer Polytechnic Institute (RPI). Laurel McDevitt holds a BS in Biochemistry / Biophysics, an MS in Biology, and a Certificate in Biotechnology. Ms. McDevitt is now employed as a microbiologist at a world-leading biotechnology firm.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.