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.
The Crisis in American Banking
Author: Lawrence H. White
Publisher: NYU Press
ISBN: 0814792898
Category : Business & Economics
Languages : en
Pages : 184
Book Description
Begins a series analyzing the role of government in the economy from the perspective of the Austrian school of economics. Six essays trace the precarious state of US banking to rent-seeking, ideology, and the historical accretion of government regulations. They are revised versions of papers presented at an April 1991 conference at New York University. Annotation copyright by Book News, Inc., Portland, OR
Publisher: NYU Press
ISBN: 0814792898
Category : Business & Economics
Languages : en
Pages : 184
Book Description
Begins a series analyzing the role of government in the economy from the perspective of the Austrian school of economics. Six essays trace the precarious state of US banking to rent-seeking, ideology, and the historical accretion of government regulations. They are revised versions of papers presented at an April 1991 conference at New York University. Annotation copyright by Book News, Inc., Portland, OR
The Banking Crisis Handbook
Author: Greg N Gregoriou
Publisher: CRC Press
ISBN: 1439818541
Category : Business & Economics
Languages : en
Pages : 630
Book Description
Explores the Origin of the Recent Banking Crisis and how to Preclude Future CrisesShedding new light on the recent worldwide banking debacle, The Banking Crisis Handbook presents possible remedies as to what should have been done prior, during, and after the crisis. With contributions from well-known academics and professionals, the book contains e
Publisher: CRC Press
ISBN: 1439818541
Category : Business & Economics
Languages : en
Pages : 630
Book Description
Explores the Origin of the Recent Banking Crisis and how to Preclude Future CrisesShedding new light on the recent worldwide banking debacle, The Banking Crisis Handbook presents possible remedies as to what should have been done prior, during, and after the crisis. With contributions from well-known academics and professionals, the book contains e
Managing the Crisis
Author:
Publisher:
ISBN:
Category : Bank failures
Languages : en
Pages : 248
Book Description
Deals with the result of a study conducted by the FDIC on banking crisis of the 1980s and early 1990s. Examines the evolution of the processes used by FDIC and RTC to resolve banking problems, protect depositors and dispose of the assets of the failed institutions.
Publisher:
ISBN:
Category : Bank failures
Languages : en
Pages : 248
Book Description
Deals with the result of a study conducted by the FDIC on banking crisis of the 1980s and early 1990s. Examines the evolution of the processes used by FDIC and RTC to resolve banking problems, protect depositors and dispose of the assets of the failed institutions.
Banking in Crisis
Author: John D. Turner
Publisher: Cambridge University Press
ISBN: 1107030943
Category : Business & Economics
Languages : en
Pages : 267
Book Description
A full account of the rise and fall of British banking stability which sheds new light on why banking systems crash.
Publisher: Cambridge University Press
ISBN: 1107030943
Category : Business & Economics
Languages : en
Pages : 267
Book Description
A full account of the rise and fall of British banking stability which sheds new light on why banking systems crash.
Financial Sector Crisis and Restructuring
Author: Carl-Johan Lindgren
Publisher:
ISBN: 9781557758712
Category : Business & Economics
Languages : en
Pages : 103
Book Description
An IMF paper reviewing the policy responses of Indonesia, Korea and Thailand to the 1997 Asian crisis, comparing the actions of these three countries with those of Malaysia and the Philippines. Although all judgements are still tentative, important lessons can be learned from the experiences of the last two years.
Publisher:
ISBN: 9781557758712
Category : Business & Economics
Languages : en
Pages : 103
Book Description
An IMF paper reviewing the policy responses of Indonesia, Korea and Thailand to the 1997 Asian crisis, comparing the actions of these three countries with those of Malaysia and the Philippines. Although all judgements are still tentative, important lessons can be learned from the experiences of the last two years.
History of the Eighties
Author:
Publisher:
ISBN:
Category : Biography & Autobiography
Languages : en
Pages : 594
Book Description
Publisher:
ISBN:
Category : Biography & Autobiography
Languages : en
Pages : 594
Book Description
The Federal Reserve and the Financial Crisis
Author: Ben Bernanke
Publisher: Princeton University Press
ISBN: 0691158738
Category : Business & Economics
Languages : en
Pages : 144
Book Description
Collects the transcripts of a series of lectures given by Federal Reserve Chairman Ben Bernanke about the 2008 financial crisis as part of a course at George Washington University on the role of the Federal Reserve in the economy.
Publisher: Princeton University Press
ISBN: 0691158738
Category : Business & Economics
Languages : en
Pages : 144
Book Description
Collects the transcripts of a series of lectures given by Federal Reserve Chairman Ben Bernanke about the 2008 financial crisis as part of a course at George Washington University on the role of the Federal Reserve in the economy.
The Japanese Banking Crisis
Author: Ryozo Himino
Publisher: Springer Nature
ISBN: 9811595984
Category : Business & Economics
Languages : en
Pages : 127
Book Description
This open access book provides a readable narrative of the bubbles and the banking crisis Japan experienced during the two decades between the late 1980s and the early 2000s. Japan, which was a leading competitor in the world’s manufacturing sector, tried to transform itself into an economy with domestic demand-led mature growth, but the ensuing bubbles and crisis instead made the country suffer from chronicle deflation and stagnation. The book analyses why the Japanese authorities could not avoid making choices that led to this outcome. The chapters are based on the lectures to regulators from emerging economies delivered at the Global Financial Partnership Center of the Financial Services Agency of Japan.
Publisher: Springer Nature
ISBN: 9811595984
Category : Business & Economics
Languages : en
Pages : 127
Book Description
This open access book provides a readable narrative of the bubbles and the banking crisis Japan experienced during the two decades between the late 1980s and the early 2000s. Japan, which was a leading competitor in the world’s manufacturing sector, tried to transform itself into an economy with domestic demand-led mature growth, but the ensuing bubbles and crisis instead made the country suffer from chronicle deflation and stagnation. The book analyses why the Japanese authorities could not avoid making choices that led to this outcome. The chapters are based on the lectures to regulators from emerging economies delivered at the Global Financial Partnership Center of the Financial Services Agency of Japan.
The Banks Did It
Author: Neil Fligstein
Publisher: Harvard University Press
ISBN: 0674249356
Category : Business & Economics
Languages : en
Pages : 334
Book Description
A comprehensive account of the rise and fall of the mortgage-securitization industry, which explains the complex roots of the 2008 financial crisis. More than a decade after the 2008 financial crisis plunged the world economy into recession, we still lack an adequate explanation for why it happened. Existing accounts identify a number of culpritsÑfinancial instruments, traders, regulators, capital flowsÑyet fail to grasp how the various puzzle pieces came together. The key, Neil Fligstein argues, is the convergence of major US banks on an identical business model: extracting money from the securitization of mortgages. But how, and why, did this convergence come about? The Banks Did It carefully takes the reader through the development of a banking industry dependent on mortgage securitization. Fligstein documents how banks, with help from the government, created the market for mortgage securities. The largest banksÑCountrywide Financial, Bear Stearns, Citibank, and Washington MutualÑsoon came to participate in every aspect of this market. Each firm originated mortgages, issued mortgage-backed securities, sold those securities, and, in many cases, acted as their own best customers by purchasing the same securities. Entirely reliant on the throughput of mortgages, these firms were unable to alter course even when it became clear that the market had turned on them in the mid-2000s. With the structural features of the banking industry in view, the rest of the story falls into place. Fligstein explains how the crisis was produced, where it spread, why regulators missed the warning signs, and how banksÕ dependence on mortgage securitization resulted in predatory lending and securities fraud. An illuminating account of the transformation of the American financial system, The Banks Did It offers important lessons for anyone with a stake in avoiding the next crisis.
Publisher: Harvard University Press
ISBN: 0674249356
Category : Business & Economics
Languages : en
Pages : 334
Book Description
A comprehensive account of the rise and fall of the mortgage-securitization industry, which explains the complex roots of the 2008 financial crisis. More than a decade after the 2008 financial crisis plunged the world economy into recession, we still lack an adequate explanation for why it happened. Existing accounts identify a number of culpritsÑfinancial instruments, traders, regulators, capital flowsÑyet fail to grasp how the various puzzle pieces came together. The key, Neil Fligstein argues, is the convergence of major US banks on an identical business model: extracting money from the securitization of mortgages. But how, and why, did this convergence come about? The Banks Did It carefully takes the reader through the development of a banking industry dependent on mortgage securitization. Fligstein documents how banks, with help from the government, created the market for mortgage securities. The largest banksÑCountrywide Financial, Bear Stearns, Citibank, and Washington MutualÑsoon came to participate in every aspect of this market. Each firm originated mortgages, issued mortgage-backed securities, sold those securities, and, in many cases, acted as their own best customers by purchasing the same securities. Entirely reliant on the throughput of mortgages, these firms were unable to alter course even when it became clear that the market had turned on them in the mid-2000s. With the structural features of the banking industry in view, the rest of the story falls into place. Fligstein explains how the crisis was produced, where it spread, why regulators missed the warning signs, and how banksÕ dependence on mortgage securitization resulted in predatory lending and securities fraud. An illuminating account of the transformation of the American financial system, The Banks Did It offers important lessons for anyone with a stake in avoiding the next crisis.