[PDF.28qe] The Bankers' New Clothes: What's Wrong with Banking and What to Do about It
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The Bankers' New Clothes: What's Wrong with Banking and What to Do about It
Anat Admati, Martin Hellwig
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| #535278 in Books | 2014-03-23 | Original language:English | PDF # 1 | 8.50 x5.50 x1.00l,.84 | File type: PDF | 424 pages||3 of 3 people found the following review helpful.| More regulations and product transparency is not good enough|By Michael Emmett Brady|The basic idea of this book is sound.Increase required capital reserves to as high as 10%.However,even if combined with much more financial regulation and financial product transparency,the authors simply seem to be unaware of the immense concentrated political power of the banking industry||Anat Admati, One of Time Magazine's 100 Most Influential People for 2014|Winner of the 2013 PROSE Award in Business, Finance & Management, Association of American Publishers|Co-Winners of the 2014 Bronze Medal in Economics, Axiom Busine
The past few years have shown that risks in banking can impose significant costs on the economy. Many claim, however, that a safer banking system would require sacrificing lending and economic growth. The Bankers' New Clothes examines this claim and the narratives used by bankers, politicians, and regulators to rationalize the lack of reform, exposing them as invalid. Anat Admati and Martin Hellwig argue that we can have a safer and healthier banking system wit...
You easily download any file type for your device.The Bankers' New Clothes: What's Wrong with Banking and What to Do about It | Anat Admati, Martin Hellwig. I was recommended this book by a dear friend of mine.