Banks are held out as symbols of stability, safe places to put your money. Yet since the early 1980's over 3,400 banks have failed, an average of about two a week for a period exceeding thirty years. These bank failures aren't steady, regular, and easily predictable events. Peri…
"To understand the 2008 financial crisis, Neil Fligstein looks to the business models of the big US banks. He shows how firms got hooked on mortgages-originating them, securitizing them, selling those securities, and even buying the same securities. In time their addiction nearl…
Special team. Different training -- The regulator floor -- We want them to feel pain, but not too much -- The shadow -- The Goldman lawyers -- You should not have come -- The UK FSA -- Fly paint -- You didn't hear that -- Gaslighting -- How do you think they are getting ahead? -…
A history of major financial crises--and how taxpayers have been left with the bill. In the 1930s, battered and humbled by the Great Depression, the U.S. financial sector struck a grand bargain with the federal government. Bankers gained a safety net in exchange for certain curb…
This topical book addresses the need for emerging economies in Central, Eastern and South-Eastern Europe to find a new, sustainable growth model that fosters continued convergence with the EU without leading to the build-up of new vulnerabilities --
The Palgrave handbook of European Banking Union law
"From 1716 to 1845, the Scottish financial system functioned with no official central bank or lender of last resort, no public (or private) monopoly on currency issuance, no legal reserve requirements, and no formal limits on bank size. In support of previous research on Scottis…
The bankers' panic of 1907 -- The Emergency Currency Act -- Financial heterodoxy gains ground -- Central banking and agricultural credit -- From armistice to depression -- The 1930s banking crisis -- The Emergency Banking act -- The Banking Act of 1933 -- Government programs and…
"This book discusses some of the latest developments in banking regulations and safeguards to ensure the mitigation of risk and economic collapse" This book discusses some of the latest developments in banking regulations and safeguards to ensure the mitigation of risk and econ…
The recent financial crisis has shattered all standard approaches to banking regulation. Regulators now recognize that banking regulation cannot be simply based on individual financial institutions' risks. Instead, systemic risk and macroprudential regulation have come to the fo…
The recent banking crisis has brought into question the business model used by most large banks. This collection of essays explores the success of 'alternative banks' - savings banks, cooperative banks and development banks, using case studies from around the world and discussio…
