Author: Gary Gorton
Publisher: Oxford University Press, USA
ISBN: 0190204834
Category : Business & Economics
Languages : en
Pages : 690
Book Description
Financial crises must be studied in the context of history. The Maze of Banking is a collection of academic papers by Gary Gorton---an expert on the financial crisis of 2007-2008---on the history and analysis of banks, banking, and financial crises spanning the past 175 years. These papers provide the framework for understanding how the financial crisis of 2007-2008 developed and what can be done to promote a stabile banking industry and prevent future economic crises.
The Maze of Banking
Author: Gary Gorton
Publisher: Oxford University Press, USA
ISBN: 0190204834
Category : Business & Economics
Languages : en
Pages : 690
Book Description
Financial crises must be studied in the context of history. The Maze of Banking is a collection of academic papers by Gary Gorton---an expert on the financial crisis of 2007-2008---on the history and analysis of banks, banking, and financial crises spanning the past 175 years. These papers provide the framework for understanding how the financial crisis of 2007-2008 developed and what can be done to promote a stabile banking industry and prevent future economic crises.
Publisher: Oxford University Press, USA
ISBN: 0190204834
Category : Business & Economics
Languages : en
Pages : 690
Book Description
Financial crises must be studied in the context of history. The Maze of Banking is a collection of academic papers by Gary Gorton---an expert on the financial crisis of 2007-2008---on the history and analysis of banks, banking, and financial crises spanning the past 175 years. These papers provide the framework for understanding how the financial crisis of 2007-2008 developed and what can be done to promote a stabile banking industry and prevent future economic crises.
Misunderstanding Financial Crises
Author: Gary B. Gorton
Publisher: Oxford University Press
ISBN: 0199986886
Category : Business & Economics
Languages : en
Pages : 296
Book Description
Before 2007, economists thought that financial crises would never happen again in the United States, that such upheavals were a thing of the past. Gary B. Gorton, a prominent expert on financial crises, argues that economists fundamentally misunderstand what they are, why they occur, and why there were none in the U.S. from 1934 to 2007. Misunderstanding Financial Crises offers a back-to-basics overview of financial crises, and shows that they are not rare, idiosyncratic events caused by a perfect storm of unconnected factors. Instead, Gorton shows how financial crises are, indeed, inherent to our financial system. Economists, Gorton writes, looked from a certain point of view and missed everything that was important: the evolution of capital markets and the banking system, the existence of new financial instruments, and the size of certain money markets like the sale and repurchase market. Comparing the so-called "Quiet Period" of 1934 to 2007, when there were no systemic crises, to the "Panic of 2007-2008," Gorton ties together key issues like bank debt and liquidity, credit booms and manias, moral hazard, and too-big-too-fail--all to illustrate the true causes of financial collapse. He argues that the successful regulation that prevented crises since 1934 did not adequately keep pace with innovation in the financial sector, due in part to the misunderstandings of economists, who assured regulators that all was well. Gorton also looks forward to offer both a better way for economists to think about markets and a description of the regulation necessary to address the future threat of financial disaster.
Publisher: Oxford University Press
ISBN: 0199986886
Category : Business & Economics
Languages : en
Pages : 296
Book Description
Before 2007, economists thought that financial crises would never happen again in the United States, that such upheavals were a thing of the past. Gary B. Gorton, a prominent expert on financial crises, argues that economists fundamentally misunderstand what they are, why they occur, and why there were none in the U.S. from 1934 to 2007. Misunderstanding Financial Crises offers a back-to-basics overview of financial crises, and shows that they are not rare, idiosyncratic events caused by a perfect storm of unconnected factors. Instead, Gorton shows how financial crises are, indeed, inherent to our financial system. Economists, Gorton writes, looked from a certain point of view and missed everything that was important: the evolution of capital markets and the banking system, the existence of new financial instruments, and the size of certain money markets like the sale and repurchase market. Comparing the so-called "Quiet Period" of 1934 to 2007, when there were no systemic crises, to the "Panic of 2007-2008," Gorton ties together key issues like bank debt and liquidity, credit booms and manias, moral hazard, and too-big-too-fail--all to illustrate the true causes of financial collapse. He argues that the successful regulation that prevented crises since 1934 did not adequately keep pace with innovation in the financial sector, due in part to the misunderstandings of economists, who assured regulators that all was well. Gorton also looks forward to offer both a better way for economists to think about markets and a description of the regulation necessary to address the future threat of financial disaster.
Dead Bank Walking
Author: Robert H. Smith
Publisher: OakHill Press
ISBN: 9781886939332
Category : Bank mergers
Languages : en
Pages : 0
Book Description
Smith, the former chairman and CEO of Security Pacific, recounts his desperate search for a merger partner that ended with Bank of America.
Publisher: OakHill Press
ISBN: 9781886939332
Category : Bank mergers
Languages : en
Pages : 0
Book Description
Smith, the former chairman and CEO of Security Pacific, recounts his desperate search for a merger partner that ended with Bank of America.
Dangerous Markets
Author: Dominic Barton
Publisher: John Wiley & Sons
ISBN: 0471429732
Category : Business & Economics
Languages : en
Pages : 323
Book Description
A corporate guide to crisis management in volatile financial markets Current financial crises in Argentina, Japan, and Turkey are being played out on the front pages of newspapers, and these are just the most recent financial crises that have rolled across the globe in the last decade and whose far-reaching impact hurts business around the world. Dangerous Markets: Managing in Financial Crises recognizes that no global corporation or financial institution can afford to ignore the potential of a financial storm and will help top management and financial professionals navigate through this often disastrous maze. While many books discuss financial crises and their ramifications, none has presented an action plan for managing these storms—until now. Dangerous Markets: Managing in Financial Crises presents a method that allows executives and financial professionals to recognize the warning signs of a financial crisis and act appropriately before the situation spirals out of control. Based on years of research and practice in cleaning up the mess, McKinsey consultants Barton, Newell, and Wilson reveal the warning signs of potential financial catastrophes and provide unique principles that can be followed to shape and manage a strategy for survival.
Publisher: John Wiley & Sons
ISBN: 0471429732
Category : Business & Economics
Languages : en
Pages : 323
Book Description
A corporate guide to crisis management in volatile financial markets Current financial crises in Argentina, Japan, and Turkey are being played out on the front pages of newspapers, and these are just the most recent financial crises that have rolled across the globe in the last decade and whose far-reaching impact hurts business around the world. Dangerous Markets: Managing in Financial Crises recognizes that no global corporation or financial institution can afford to ignore the potential of a financial storm and will help top management and financial professionals navigate through this often disastrous maze. While many books discuss financial crises and their ramifications, none has presented an action plan for managing these storms—until now. Dangerous Markets: Managing in Financial Crises presents a method that allows executives and financial professionals to recognize the warning signs of a financial crisis and act appropriately before the situation spirals out of control. Based on years of research and practice in cleaning up the mess, McKinsey consultants Barton, Newell, and Wilson reveal the warning signs of potential financial catastrophes and provide unique principles that can be followed to shape and manage a strategy for survival.
Gimmickry
Author: Jay Wenderoth
Publisher: Xlibris Corporation
ISBN: 1453502270
Category : History
Languages : en
Pages : 660
Book Description
America’s direction is rabid deficit spending which moves the economy. Wealth aside, this business appears a no win since Congress mortgaged America for spending money. The reverse mortgage for seniors follows the same path. The senior is asked to sacrifice equity for spending money. The book traces a history of money in America, past and present. America today, like other countries in the global scheme of things, is a domesticated international. Great Britain ruled for two and a half centuries; pound sterling was the exchange, this during America’s emergence. There was a transfer of power after two World Wars. America and the Soviet Union took up the pace. The dollar exchange won out in 1989. In the New World Order, China, Asia, the European Union, Third World countries and terrorism emerged. International money discourages sovereignty and nationalism while at the same time sovereign public debt is being exploited. Public debt has weakened America. In the international scheme of things money knows no boundary and it has no flag.
Publisher: Xlibris Corporation
ISBN: 1453502270
Category : History
Languages : en
Pages : 660
Book Description
America’s direction is rabid deficit spending which moves the economy. Wealth aside, this business appears a no win since Congress mortgaged America for spending money. The reverse mortgage for seniors follows the same path. The senior is asked to sacrifice equity for spending money. The book traces a history of money in America, past and present. America today, like other countries in the global scheme of things, is a domesticated international. Great Britain ruled for two and a half centuries; pound sterling was the exchange, this during America’s emergence. There was a transfer of power after two World Wars. America and the Soviet Union took up the pace. The dollar exchange won out in 1989. In the New World Order, China, Asia, the European Union, Third World countries and terrorism emerged. International money discourages sovereignty and nationalism while at the same time sovereign public debt is being exploited. Public debt has weakened America. In the international scheme of things money knows no boundary and it has no flag.
ENGLISH FOR BANKING
Author: TIM LC UMM
Publisher: UMMPress
ISBN: 9797964108
Category : Antiques & Collectibles
Languages : en
Pages : 432
Book Description
English for Banking is written to fulfill students' needs to learn English for Specific Purposes. This book is designed to provide an opportunity for the students to develop their English skills more communicatively and meaningfully. It consists of twenty eight units. Each unit presents reading, writing, and speaking section. Reading section consists of pre-reading, reading comprehension, and vocabulary exercises related to the topic of the text. In writing section, some structure and sentence patterns are completed with guided writing exercises. Meanwhile, in speaking section students are provided with models and examples followed by practical activities which are presented in various ways. The materials have been arranged and graded in accordance with their language levels. Above all, to improve the quality of this textbook, criticisms and suggestions for better editions are highly appreciated.
Publisher: UMMPress
ISBN: 9797964108
Category : Antiques & Collectibles
Languages : en
Pages : 432
Book Description
English for Banking is written to fulfill students' needs to learn English for Specific Purposes. This book is designed to provide an opportunity for the students to develop their English skills more communicatively and meaningfully. It consists of twenty eight units. Each unit presents reading, writing, and speaking section. Reading section consists of pre-reading, reading comprehension, and vocabulary exercises related to the topic of the text. In writing section, some structure and sentence patterns are completed with guided writing exercises. Meanwhile, in speaking section students are provided with models and examples followed by practical activities which are presented in various ways. The materials have been arranged and graded in accordance with their language levels. Above all, to improve the quality of this textbook, criticisms and suggestions for better editions are highly appreciated.
Banking
Author:
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 1082
Book Description
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 1082
Book Description
The Law of Bank Deposits, Collections, and Credit Cards
Author: Barkley Clark
Publisher:
ISBN: 9780887121364
Category : Bank credit cards
Languages : en
Pages :
Book Description
Publisher:
ISBN: 9780887121364
Category : Bank credit cards
Languages : en
Pages :
Book Description
The Bankers' Magazine, and Journal of the Money Market
Author:
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 1102
Book Description
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 1102
Book Description
Bankers' Magazine, Journal of the Money Market and Commercial Digest
Author:
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 1094
Book Description
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 1094
Book Description