How Big Banks Fail and What to Do about It /
Dealer banks--that is, large banks that deal in securities and derivatives, such as J.P. Morgan and Goldman Sachs--are of a size and complexity that sharply distinguish them from typical commercial banks. When they fail, as we saw in the global financial crisis, they pose significant risks to our fi...
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Format: | Electronic eBook |
Language: | Inglés |
Published: |
Princeton :
Princeton University Press,
2011.
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Series: | Book collections on Project MUSE.
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Subjects: | |
Online Access: | Texto completo |
Table of Contents:
- Introduction
- What is a dealer bank?
- Failure mechanisms
- Recapitalizing a weak bank
- Improving regulations and market infrastructure
- Appendix: Central clearing of derivatives.