New edition of a text for undergraduate and MBA courses both in financial institutions and markets in business schools and in money and banking in economics departments. One-third of the chapters are devoted to analysis of specific important real-world issues, such as bank safety, deposit insurance reform, separation of commercial and investment ba
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The sixth edition of THE U.S. FINANCIAL SYSTEM: MONEY, MARKETS, AND INSTITUTIONS has been revised and thoroughly updated to incorporate both the many dramatic structural, legislative, regulatory, and operational changes that have occurred at almost breathtaking speed in recent years and the comments and suggestions of users of the earlier editions.
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