#909047 in eBooks 2010-10-18 2010-10-18File Name: B004KZQKEQ
13 of 13 people found the following review helpful. An important book for resolving large banks in futureBy Viral AcharyaThis book tackles a highly important theme facing regulation of large, complex financial institutions (LCFI's). Darrell Duffie is one of the leading scholars in institutions and markets in which these institutions participate, and which often render their bankruptcy resolution difficult. The combination of the topical theme and the scholarly work and thinking that Professor D"[T]his volume will give readers a deeper understanding of how modern banking works."--Choice"There are precious few manuals on global finance. To be sure, there are enough leaden textbooks and scholarly tomes to crush many a library, but there are few nuts-and-bolts guides. Darrell Duffie has perDealer banks--that is, large banks that deal in securities and derivatives, such as J. P. Morgan and Goldman Sachs--are of a size and complexity that sharply distinguish them from typical commercial banks. When they fail, as we saw in the global financial crisis, they pose significant risks to our financial system and the world economy. How Big Banks Fail and What to Do about It examines how these banks collapse and how we can prevent the need to bail them out. In sharp, clinical detail, Darre... [PDF.ee75] How Big Banks Fail and What to Do about It Rating: 3.83 (573 Votes)
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You easily download any file type for your gadget.How Big Banks Fail and What to Do about It | Darrell Duffie. A good, fresh read, highly recommended.
