Too Big to Fail: The Hazards of Bank Bailouts by Gary H. Stern, Ron J. Feldman

Too Big to Fail: The Hazards of Bank Bailouts



Download Too Big to Fail: The Hazards of Bank Bailouts




Too Big to Fail: The Hazards of Bank Bailouts Gary H. Stern, Ron J. Feldman
Language: English
Page: 247
Format: pdf
ISBN: 0815781520, 9780815781523
Publisher: Brookings Institution Press

Review

This short book lucidly explains the moral hazard problem that plagues large financial institutions policymakers deem too big to fail...[it] contains something of interest for everyone.--Journal of Economic Behavior and Organization

This is a valuable and comprehensive treatise on TBTF, a critically important policy issue that needs to be addressed well before another banking or financial crisis occurs. Policymakers, regulators, government officials, legislators, and private financial companies should read and heed the authors' analysis and recommendations.--Richard M. Kovacevich, Chairman, Wells Fargo

Stern and Feldman have written an important book on the too-big-to-fail problem. . . .This book deserves to be widely read in the banking regulation and supervisory world.--Frederic Mishkin in the Journa of Economic Literature

This book should be required reading for all policy makers. Highly recommended. --CHOICE
--This text refers to the

edition.

Review

"This is a valuable and comprehensive treatise on TBTF, a critically important policy issue that needs to be addressed well before another banking or financial crisis occurs. Policymakers, regulators, government officials, legislators, and private financial companies should read and heed the authors' analysis and recommendations." —Richard M. Kovacevich, Chairman, Wells Fargo


--This text refers to the

edition.

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