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The bankers' new clothes : what's wrong with banking and what to do about it / Anat Admati and Martin Hellwig.

By: Contributor(s): Material type: TextTextPublication details: Princeton : Princeton University Press, [(c)2013.]Description: 1 online resourceContent type:
  • text
Media type:
  • computer
Carrier type:
  • online resource
ISBN:
  • 9781400846566
  • 1400846560
  • 9781400851195
  • 140085119X
Subject(s): Genre/Form: LOC classification:
  • HG1586
Online resources:
Available additional physical forms:
Contents:
part I. Borrowing, banking, and risk -- part II. The case for more bank equity -- part III. Moving forward.
Summary: 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.
Item type: Online Book
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Holdings
Item type Current library Collection Call number URL Status Date due Barcode
Online Book G. Allen Fleece Library Online Non-fiction HG1586 (Browse shelf(Opens below)) Link to resource Available ocn826657883

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.

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