Author: Thomas P. Kane
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 618
Book Description
The Romance and Tragedy of Banking; Problems and Incidents of Governmental Supervision of National Banks ...
Author: Thomas P. Kane
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 618
Book Description
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 618
Book Description
The Romance and Tragedy of Banking; Problems and Incidents of Governmental Supervision of National Banks ...
Author: Thomas P. Kane
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 276
Book Description
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 276
Book Description
The Comptroller and Bank Supervision: a Historical Appraisal
Author: Ross M. Robertson
Publisher:
ISBN:
Category : Banking law
Languages : en
Pages : 276
Book Description
Publisher:
ISBN:
Category : Banking law
Languages : en
Pages : 276
Book Description
A Comparative History of Central Bank Behavior
Author: John H. Wood
Publisher: Edward Elgar Publishing
ISBN: 1803926600
Category : Business & Economics
Languages : en
Pages : 313
Book Description
It is widely believed that central banks have grown (the Bank of England) or were established (the Federal Reserve) to pursue the twin objectives of monetary and price stability. But why should they? Central bankers are people, too, whose behavior is presumably determined, like the rest of us, by their incentives and the information available to them. The author explores this question.
Publisher: Edward Elgar Publishing
ISBN: 1803926600
Category : Business & Economics
Languages : en
Pages : 313
Book Description
It is widely believed that central banks have grown (the Bank of England) or were established (the Federal Reserve) to pursue the twin objectives of monetary and price stability. But why should they? Central bankers are people, too, whose behavior is presumably determined, like the rest of us, by their incentives and the information available to them. The author explores this question.
Money of the Mind
Author: James Grant
Publisher: Macmillan
ISBN: 0374524017
Category : Business & Economics
Languages : en
Pages : 530
Book Description
The 1980s witnessed a lemming-like rush into the sea of debt on the part of the American industrial and financial communities, with consequences we are only beginning to appreciate. But the speculative frenzy of the eighties didn't just happen. It was the culmination of a long cycle of slow relaxation of credit practices--the subject of James Grant's brilliant, clear-eyed history of American finance. Two long-running trends converged in the 1980s to create one of our greatest speculative booms: the democratization of credit and the socialization of risk. At the turn of the century, it was almost impossible for the average working person to get a loan. In the 1980s, it was almost impossible to refuse one. As the pace of lending grew, the government undertook to bear more and more of the creditors' risk--a pattern, begun in the Progressive era, which reached full flower in the "conservative" administration of Ronald Reagan. Based on original scholarship as well as firsthand observation, Grant's book puts our recent love affair with debt in an entirely fresh, often chilling, perspective. The result is required--and wickedly entertaining--reading for everyone who wants or needs to understand how the world really works. "A brilliantly eccentric, kaleidoscopic tour of our credit lunacy. . . . A splendid, tooth-gnashing saga that should be savored for its ghoulish humor and passionately debated for its iconoclastic analysis. It is a fitting epitaph to the credit binge of the '80s."--Ron Chernow, The Wall Street Journal.
Publisher: Macmillan
ISBN: 0374524017
Category : Business & Economics
Languages : en
Pages : 530
Book Description
The 1980s witnessed a lemming-like rush into the sea of debt on the part of the American industrial and financial communities, with consequences we are only beginning to appreciate. But the speculative frenzy of the eighties didn't just happen. It was the culmination of a long cycle of slow relaxation of credit practices--the subject of James Grant's brilliant, clear-eyed history of American finance. Two long-running trends converged in the 1980s to create one of our greatest speculative booms: the democratization of credit and the socialization of risk. At the turn of the century, it was almost impossible for the average working person to get a loan. In the 1980s, it was almost impossible to refuse one. As the pace of lending grew, the government undertook to bear more and more of the creditors' risk--a pattern, begun in the Progressive era, which reached full flower in the "conservative" administration of Ronald Reagan. Based on original scholarship as well as firsthand observation, Grant's book puts our recent love affair with debt in an entirely fresh, often chilling, perspective. The result is required--and wickedly entertaining--reading for everyone who wants or needs to understand how the world really works. "A brilliantly eccentric, kaleidoscopic tour of our credit lunacy. . . . A splendid, tooth-gnashing saga that should be savored for its ghoulish humor and passionately debated for its iconoclastic analysis. It is a fitting epitaph to the credit binge of the '80s."--Ron Chernow, The Wall Street Journal.
Slapped by the Invisible Hand
Author: Gary B. Gorton
Publisher: Oxford University Press
ISBN: 0199779511
Category : Business & Economics
Languages : en
Pages : 296
Book Description
Originally written for a conference of the Federal Reserve, Gary Gorton's "The Panic of 2007" garnered enormous attention and is considered by many to be the most convincing take on the recent economic meltdown. Now, in Slapped by the Invisible Hand, Gorton builds upon this seminal work, explaining how the securitized-banking system, the nexus of financial markets and instruments unknown to most people, stands at the heart of the financial crisis. Gorton shows that the Panic of 2007 was not so different from the Panics of 1907 or of 1893, except that, in 2007, most people had never heard of the markets that were involved, didn't know how they worked, or what their purposes were. Terms like subprime mortgage, asset-backed commercial paper conduit, structured investment vehicle, credit derivative, securitization, or repo market were meaningless. In this superb volume, Gorton makes all of this crystal clear. He shows that the securitized banking system is, in fact, a real banking system, allowing institutional investors and firms to make enormous, short-term deposits. But as any banking system, it was vulnerable to a panic. Indeed the events starting in August 2007 can best be understood not as a retail panic involving individuals, but as a wholesale panic involving institutions, where large financial firms "ran" on other financial firms, making the system insolvent. An authority on banking panics, Gorton is the ideal person to explain the financial calamity of 2007. Indeed, as the crisis unfolded, he was working inside an institution that played a central role in the collapse. Thus, this book presents the unparalleled and invaluable perspective of a top scholar who was also a key insider.
Publisher: Oxford University Press
ISBN: 0199779511
Category : Business & Economics
Languages : en
Pages : 296
Book Description
Originally written for a conference of the Federal Reserve, Gary Gorton's "The Panic of 2007" garnered enormous attention and is considered by many to be the most convincing take on the recent economic meltdown. Now, in Slapped by the Invisible Hand, Gorton builds upon this seminal work, explaining how the securitized-banking system, the nexus of financial markets and instruments unknown to most people, stands at the heart of the financial crisis. Gorton shows that the Panic of 2007 was not so different from the Panics of 1907 or of 1893, except that, in 2007, most people had never heard of the markets that were involved, didn't know how they worked, or what their purposes were. Terms like subprime mortgage, asset-backed commercial paper conduit, structured investment vehicle, credit derivative, securitization, or repo market were meaningless. In this superb volume, Gorton makes all of this crystal clear. He shows that the securitized banking system is, in fact, a real banking system, allowing institutional investors and firms to make enormous, short-term deposits. But as any banking system, it was vulnerable to a panic. Indeed the events starting in August 2007 can best be understood not as a retail panic involving individuals, but as a wholesale panic involving institutions, where large financial firms "ran" on other financial firms, making the system insolvent. An authority on banking panics, Gorton is the ideal person to explain the financial calamity of 2007. Indeed, as the crisis unfolded, he was working inside an institution that played a central role in the collapse. Thus, this book presents the unparalleled and invaluable perspective of a top scholar who was also a key insider.
The American Dimension
Author: W. Arens
Publisher: Port Washington, N.Y. : Alfred Publishing Company
ISBN: 9780882840307
Category : Social Science
Languages : en
Pages : 638
Book Description
Publisher: Port Washington, N.Y. : Alfred Publishing Company
ISBN: 9780882840307
Category : Social Science
Languages : en
Pages : 638
Book Description
Review Of Financial Economics
Author: R. DeYoung
Publisher:
ISBN:
Category :
Languages : en
Pages : 468
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 468
Book Description
Monthly Bulletin
Author: St. Louis Public Library
Publisher:
ISBN:
Category :
Languages : en
Pages : 368
Book Description
"Teachers' bulletin", vol. 4- issued as part of v. 23, no. 9-
Publisher:
ISBN:
Category :
Languages : en
Pages : 368
Book Description
"Teachers' bulletin", vol. 4- issued as part of v. 23, no. 9-
Dictionary Catalog of the University Library, 1919-1962
Author: University of California, Los Angeles. Library
Publisher:
ISBN:
Category : Library catalogs
Languages : en
Pages : 1074
Book Description
Publisher:
ISBN:
Category : Library catalogs
Languages : en
Pages : 1074
Book Description