The Bankers' New Clothes: What's Wrong with Banking and What to Do about It - Updated Edition

Admati, Anat; Hellwig, Martin

ISBN 10: 0691162387 / ISBN 13: 9780691162386

Edité par Princeton University Press, 2014

Pages are clean and are not marred by notes or folds of any kind. ~ ThriftBooks: Read More, Spend Less. N° de réf. du vendeur G0691162387I2N00

Synopsis :

The past few years have shown that risks in banking can impose significant costs on the economy. Many claim, however, that a safer banking system would require sacrificing lending and economic growth. The Bankers' New Clothes examines this claim and the narratives used by bankers, politicians, and regulators to rationalize the lack of reform, exposing them as invalid. Anat Admati and Martin Hellwig argue that we can have a safer and healthier banking system without sacrificing any of its benefits, and at essentially no cost to society. They seek to engage the broader public in the debate by cutting through the jargon of banking, clearing the fog of confusion, and presenting the issues in simple and accessible terms.

À propos de l'auteur: Anat Admati is the George G. C. Parker Professor of Finance and Economics at Stanford's Graduate School of Business. She serves on the FDIC Systemic Resolution Advisory Committee and has contributed to the Financial Times, Bloomberg News, and the New York Times. Martin Hellwig is director at the Max Planck Institute for Research on Collective Goods. He was the first chair of the Advisory Scientific Committee of the European Systemic Risk Board and the cowinner of the 2012 Max Planck Research Award for his work on financial regulation.

Détails bibliographiques

Titre : The Bankers' New Clothes: What's Wrong with ...
Éditeur : Princeton University Press
Date d'édition : 2014
Reliure : Paperback
Etat : As New
Etat de la jaquette : No Jacket