The bankers' new clothes : what's wrong with banking and what to do about it /
Admati, Anat R.
The bankers' new clothes : what's wrong with banking and what to do about it / Anat Admati and Martin Hellwig. - Princeton : Princeton University Press, (c)2013. - 1 online resource
Includes bibliographies and index.
part I. Borrowing, banking, and risk -- part II. The case for more bank equity -- part III. Moving forward.
What is wrong with today's banking system? 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. Admati and Hellwig argue we can have a safer and healthier banking system without sacrificing any of the benefits of the system, and at essentially no cost to society. T.
9781400846566 9781400851195
Banks and banking.
Financial institutions--Government policy.
Financial crises--Prevention.
Banks and banking.
Financial crises--Prevention.
Financial institutions--Government policy.
Electronic Books.
HG1586 / .B365 2013
The bankers' new clothes : what's wrong with banking and what to do about it / Anat Admati and Martin Hellwig. - Princeton : Princeton University Press, (c)2013. - 1 online resource
Includes bibliographies and index.
part I. Borrowing, banking, and risk -- part II. The case for more bank equity -- part III. Moving forward.
What is wrong with today's banking system? 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. Admati and Hellwig argue we can have a safer and healthier banking system without sacrificing any of the benefits of the system, and at essentially no cost to society. T.
9781400846566 9781400851195
Banks and banking.
Financial institutions--Government policy.
Financial crises--Prevention.
Banks and banking.
Financial crises--Prevention.
Financial institutions--Government policy.
Electronic Books.
HG1586 / .B365 2013