Author: Federal Deposit Insurance Corporation
Publisher:
ISBN: 9780966180817
Category :
Languages : en
Pages :
Book Description
Crisis and Response: An FDIC History, 2008¿2013 reviews the experience of the FDIC during a period in which the agency was confronted with two interconnected and overlapping crises¿first, the financial crisis in 2008 and 2009, and second, a banking crisis that began in 2008 and continued until 2013. The history examines the FDIC¿s response, contributes to an understanding of what occurred, and shares lessons from the agency¿s experience.
Crisis and Response
Author: Federal Deposit Insurance Corporation
Publisher:
ISBN: 9780966180817
Category :
Languages : en
Pages :
Book Description
Crisis and Response: An FDIC History, 2008¿2013 reviews the experience of the FDIC during a period in which the agency was confronted with two interconnected and overlapping crises¿first, the financial crisis in 2008 and 2009, and second, a banking crisis that began in 2008 and continued until 2013. The history examines the FDIC¿s response, contributes to an understanding of what occurred, and shares lessons from the agency¿s experience.
Publisher:
ISBN: 9780966180817
Category :
Languages : en
Pages :
Book Description
Crisis and Response: An FDIC History, 2008¿2013 reviews the experience of the FDIC during a period in which the agency was confronted with two interconnected and overlapping crises¿first, the financial crisis in 2008 and 2009, and second, a banking crisis that began in 2008 and continued until 2013. The history examines the FDIC¿s response, contributes to an understanding of what occurred, and shares lessons from the agency¿s experience.
Emergency Economic Stabilization Act
Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 136
Book Description
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 136
Book Description
Banking's Final Exam
Author: Morris Goldstein
Publisher: Columbia University Press
ISBN: 0881327069
Category : Business & Economics
Languages : en
Pages : 369
Book Description
Spurred by the success of the first stress test of US banks toward the end of the global economic crisis in 2009, stress testing of large financial institutions has become the cornerstone of banking supervision worldwide. The aim of the tests is to determine which banks are adequately capitalized under severe economic shocks and to order corrective measures for those that are vulnerable. In Banking’s Final Exam, one of the world’s leading experts on banking regulation concludes that the tests administered on both sides of the Atlantic suffer from fundamental weaknesses, leading to a false sense of reassurance about the safety and soundness of the banking system. Some weaknesses can be corrected within the existing bank-capital regime, but others will require bold reforms—including higher minimum capital requirements for the largest and most systemically-important banks. The banking industry is likely to resist these reforms, but this book explains why their objections do not hold water.
Publisher: Columbia University Press
ISBN: 0881327069
Category : Business & Economics
Languages : en
Pages : 369
Book Description
Spurred by the success of the first stress test of US banks toward the end of the global economic crisis in 2009, stress testing of large financial institutions has become the cornerstone of banking supervision worldwide. The aim of the tests is to determine which banks are adequately capitalized under severe economic shocks and to order corrective measures for those that are vulnerable. In Banking’s Final Exam, one of the world’s leading experts on banking regulation concludes that the tests administered on both sides of the Atlantic suffer from fundamental weaknesses, leading to a false sense of reassurance about the safety and soundness of the banking system. Some weaknesses can be corrected within the existing bank-capital regime, but others will require bold reforms—including higher minimum capital requirements for the largest and most systemically-important banks. The banking industry is likely to resist these reforms, but this book explains why their objections do not hold water.
A Fistful of Dollars
Author: Mr.Thierry Tressel
Publisher: International Monetary Fund
ISBN: 1451874324
Category : Business & Economics
Languages : en
Pages : 72
Book Description
Using detailed information on lobbying and mortgage lending activities, we find that lenders lobbying more on issues related to mortgage lending (i) had higher loan-to-income ratios, (ii) securitized more intensively, and (iii) had faster growing portfolios. Ex-post, delinquency rates are higher in areas where lobbyist' lending grew faster and they experienced negative abnormal stock returns during key crisis events. The findings are robust to (i) falsification tests using lobbying on issues unrelated to mortgage lending, (ii) a difference-in-difference approach based on state-level laws, and (iii) instrumental variables strategies. These results show that lobbying lenders engage in riskier lending.
Publisher: International Monetary Fund
ISBN: 1451874324
Category : Business & Economics
Languages : en
Pages : 72
Book Description
Using detailed information on lobbying and mortgage lending activities, we find that lenders lobbying more on issues related to mortgage lending (i) had higher loan-to-income ratios, (ii) securitized more intensively, and (iii) had faster growing portfolios. Ex-post, delinquency rates are higher in areas where lobbyist' lending grew faster and they experienced negative abnormal stock returns during key crisis events. The findings are robust to (i) falsification tests using lobbying on issues unrelated to mortgage lending, (ii) a difference-in-difference approach based on state-level laws, and (iii) instrumental variables strategies. These results show that lobbying lenders engage in riskier lending.
Deposit Insurance Around the World
Author: Aslı Demirgüç-Kunt
Publisher: MIT Press
ISBN: 0262042541
Category : Business & Economics
Languages : en
Pages : 415
Book Description
Explicit deposit insurance (DI) is widely held to be a crucial element of modern financial safety nets. This book draws on an original cross-country dataset on DI systems and design features to examine the impact of DI on banking behavior and assess the policy complications that emerge in developing countries.
Publisher: MIT Press
ISBN: 0262042541
Category : Business & Economics
Languages : en
Pages : 415
Book Description
Explicit deposit insurance (DI) is widely held to be a crucial element of modern financial safety nets. This book draws on an original cross-country dataset on DI systems and design features to examine the impact of DI on banking behavior and assess the policy complications that emerge in developing countries.
Central Bank Emergency Support to Securities Markets
Author: Darryl King
Publisher: International Monetary Fund
ISBN: 148430585X
Category : Business & Economics
Languages : en
Pages : 50
Book Description
This paper considers the central bank mandate with respect to financial stability and identifies the links to the functioning of securities markets. It argues that while emergency support to securities markets is an important part of the crisis management response, a high bar should be set for its use. Importantly, it should be used only as part of a comprehensive policy package. The paper considers what types of securities markets may be important for financial stability, what market conditions could trigger emergency support measures, and how programs can be designed to restore market functioning while minimizing moral hazard.
Publisher: International Monetary Fund
ISBN: 148430585X
Category : Business & Economics
Languages : en
Pages : 50
Book Description
This paper considers the central bank mandate with respect to financial stability and identifies the links to the functioning of securities markets. It argues that while emergency support to securities markets is an important part of the crisis management response, a high bar should be set for its use. Importantly, it should be used only as part of a comprehensive policy package. The paper considers what types of securities markets may be important for financial stability, what market conditions could trigger emergency support measures, and how programs can be designed to restore market functioning while minimizing moral hazard.
The Global Financial Crisis
Author: Dick K. Nanto
Publisher: DIANE Publishing
ISBN: 1437919847
Category : Business & Economics
Languages : en
Pages : 127
Book Description
Contents: (1) Recent Developments and Analysis; (2) The Global Financial Crisis and U.S. Interests: Policy; Four Phases of the Global Financial Crisis; (3) New Challenges and Policy in Managing Financial Risk; (4) Origins, Contagion, and Risk; (5) Effects on Emerging Markets: Latin America; Russia and the Financial Crisis; (6) Effects on Europe and The European Response: The ¿European Framework for Action¿; The British Rescue Plan; Collapse of Iceland¿s Banking Sector; (7) Impact on Asia and the Asian Response: Asian Reserves and Their Impact; National Responses; (8) International Policy Issues: Bretton Woods II; G-20 Meetings; The International Monetary Fund; Changes in U.S. Reg¿s. and Regulatory Structure; (9) Legislation.
Publisher: DIANE Publishing
ISBN: 1437919847
Category : Business & Economics
Languages : en
Pages : 127
Book Description
Contents: (1) Recent Developments and Analysis; (2) The Global Financial Crisis and U.S. Interests: Policy; Four Phases of the Global Financial Crisis; (3) New Challenges and Policy in Managing Financial Risk; (4) Origins, Contagion, and Risk; (5) Effects on Emerging Markets: Latin America; Russia and the Financial Crisis; (6) Effects on Europe and The European Response: The ¿European Framework for Action¿; The British Rescue Plan; Collapse of Iceland¿s Banking Sector; (7) Impact on Asia and the Asian Response: Asian Reserves and Their Impact; National Responses; (8) International Policy Issues: Bretton Woods II; G-20 Meetings; The International Monetary Fund; Changes in U.S. Reg¿s. and Regulatory Structure; (9) Legislation.
Constitutions in Times of Financial Crisis
Author: Tom Ginsburg
Publisher: Cambridge University Press
ISBN: 9781108729208
Category : Law
Languages : en
Pages : 342
Book Description
Many constitutions include provisions intended to limit the discretion of governments in economic policy. In times of financial crises, such provisions often come under pressure as a result of calls for exceptional responses to crisis situations. This volume assesses the ability of constitutional orders all over the world to cope with financial crises, and the demands for emergency powers that typically accompany them. Bringing together a variety of perspectives from legal scholars, economists, and political scientists, this volume traces the long-run implications of financial crises for constitutional order. In exploring the theoretical and practical problems raised by the constitutionalization of economic policy during times of severe crisis, this volume showcases an array of constitutional design options and the ways they channel governmental responses to emergency.
Publisher: Cambridge University Press
ISBN: 9781108729208
Category : Law
Languages : en
Pages : 342
Book Description
Many constitutions include provisions intended to limit the discretion of governments in economic policy. In times of financial crises, such provisions often come under pressure as a result of calls for exceptional responses to crisis situations. This volume assesses the ability of constitutional orders all over the world to cope with financial crises, and the demands for emergency powers that typically accompany them. Bringing together a variety of perspectives from legal scholars, economists, and political scientists, this volume traces the long-run implications of financial crises for constitutional order. In exploring the theoretical and practical problems raised by the constitutionalization of economic policy during times of severe crisis, this volume showcases an array of constitutional design options and the ways they channel governmental responses to emergency.
The Emergency Economic Stabilization Act of 2008
Author: Peter W. Ito
Publisher:
ISBN: 9780314205094
Category : Economic stabilization
Languages : en
Pages : 0
Book Description
The Emergency Economic Stabilization Act of 2008 represents a history-making effort by the Federal Government to bring stability to the financial markets. The Acts ultimate success will be judged and debated for years to come. This book provides an in-depth look at the EESA and the various provisions that will impact our markets. Leading lawyers from Gordon & Rees LLP analyze Title I - Troubled Assets Relief Program, Title II - Budget-Related Provisions, and Title III - Tax Provisions of the Act, and provide the reader with the critical insight necessary to understand this new piece of legislation. These experts interpret these key provisions of the Act, providing commentary on how each section translates in the real world and enabling fellow attorneys to best serve clients most affected by this bailout.
Publisher:
ISBN: 9780314205094
Category : Economic stabilization
Languages : en
Pages : 0
Book Description
The Emergency Economic Stabilization Act of 2008 represents a history-making effort by the Federal Government to bring stability to the financial markets. The Acts ultimate success will be judged and debated for years to come. This book provides an in-depth look at the EESA and the various provisions that will impact our markets. Leading lawyers from Gordon & Rees LLP analyze Title I - Troubled Assets Relief Program, Title II - Budget-Related Provisions, and Title III - Tax Provisions of the Act, and provide the reader with the critical insight necessary to understand this new piece of legislation. These experts interpret these key provisions of the Act, providing commentary on how each section translates in the real world and enabling fellow attorneys to best serve clients most affected by this bailout.
Emergency Economic Stabilization Act and Current Financial Turmoil
Author: Baird Webel
Publisher: DIANE Publishing
ISBN: 1437939694
Category : Business & Economics
Languages : en
Pages : 32
Book Description
This is a print on demand edition of a hard to find publication. Contents: (1) Intro.; (2) Troubled Assets Relief Program (TARP): Provisions of TARP: Asset Purchase; Asset Insur.; Program Size; Private Equity and Debt Considerations; Oversight Provisions; Assistance to Homeowners; Exec. Compensation; Mark-to-Market Accounting; Increase in Deposit Insur.; Treasury Actions Since Enactment; Asset Purchase and Insur.; Preferred Share Purchase; Homeowners¿ Assistance; Auto Mfrs.; Consumer Asset-Backed Securities; (3) Potential Causes of Financial Instability; (4) Sources of Current Market Turmoil; Mortgage Defaults, and Asset Prices; Liquidity and Uncertainty; Capital Adequacy and Leverage; (5) Evidence of the Real Effects of Financial Market Turmoil; Tightening Credit Markets. Illus.
Publisher: DIANE Publishing
ISBN: 1437939694
Category : Business & Economics
Languages : en
Pages : 32
Book Description
This is a print on demand edition of a hard to find publication. Contents: (1) Intro.; (2) Troubled Assets Relief Program (TARP): Provisions of TARP: Asset Purchase; Asset Insur.; Program Size; Private Equity and Debt Considerations; Oversight Provisions; Assistance to Homeowners; Exec. Compensation; Mark-to-Market Accounting; Increase in Deposit Insur.; Treasury Actions Since Enactment; Asset Purchase and Insur.; Preferred Share Purchase; Homeowners¿ Assistance; Auto Mfrs.; Consumer Asset-Backed Securities; (3) Potential Causes of Financial Instability; (4) Sources of Current Market Turmoil; Mortgage Defaults, and Asset Prices; Liquidity and Uncertainty; Capital Adequacy and Leverage; (5) Evidence of the Real Effects of Financial Market Turmoil; Tightening Credit Markets. Illus.