Chargement en cours…
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: | Électronique eBook |
| Langue: | Inglés |
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Princeton :
Princeton University Press,
2011.
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| Collection: | Book collections on Project MUSE.
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| Accès en ligne: | Texto completo |
Table des matières:
- Introduction
- What is a dealer bank?
- Failure mechanisms
- Recapitalizing a weak bank
- Improving regulations and market infrastructure
- Appendix: Central clearing of derivatives.