| Description |
1 online resource (91 pages) |
| Physical Medium |
polychrome |
| Description |
text file |
| Bibliography |
Includes bibliographical references (pages 79-86) and index. |
| Contents |
Introduction -- What is a dealer bank? -- Failure mechanisms -- Recapitalizing a weak bank -- Improving regulations and market infrastructure -- Appendix: Central clearing of derivatives. |
| Summary |
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 financial system and the world economy. How Big Banks Fail and What to Do about It examines how these banks collapse and how we can prevent the need to bail them out. In sharp, clinical detail, Darrell Duffie walks readers step-by-step through the mechanics of large-bank failures. He identifies where. |
| Local Note |
eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - North America |
| Subject |
Bank failures.
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Bank failures. |
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Bank failures -- Prevention.
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Bank failures -- United States.
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United States. |
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Financial crises.
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Financial crises. |
| Genre/Form |
Electronic books.
|
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Electronic books.
|
| Other Form: |
Print version: Duffie, Darrell. How big banks fail and what to do about it. Princeton : Princeton University Press, 2011 9780691148854 (DLC) 2010032251 (OCoLC)656556202 |
| ISBN |
9781400836994 (electronic book) |
|
1400836999 (electronic book) |
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9780691148854 |
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0691148856 |
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