Too Big to Fail
Stern, Gary H.|Feldman, Ron J.
Language: English
Published by BROOKINGS INST, 2009
- Softcover
- New
Condition: New
£ 34.56
Quantity: Over 20 available
Add to basketItem description from seller
Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. The potential failure of a large bank presents vexing questions for policymakers. It poses significant risks to other financial institutions, to the financial system as a whole, and possibly to the economic and social order.Über den Autor.
Seller Inventory # 127684794
- Title
- Too Big to Fail
- Author
- Stern, Gary H.|Feldman, Ron J.
- Publisher
- BROOKINGS INST
- Publication year
- 2009
- Condition
- New
- Binding
- Soft cover
- Language
- English
- ISBN 10
- 081570304X
- ISBN 13
- 9780815703044
Gary Stern and Ron Feldman, officers with the Federal Reserve, warn that not enough has been done to reduce creditors' expectations of TBTF protection. Many of the existing pledges and policies meant to convince creditors that they will bear market losses when large banks fail are not credible, resulting in significant net costs to the economy. The authors recommend that policymakers enact a series of reforms to reduce expectations of bailouts when large banks fail.
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| Item | 16 to 45 business days | 16 to 45 business days |
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