The bankers' new clothes : what's wrong with banking and what to do about it / Anat Admati and Martin Hellwig.

"What is wrong with today's banking system? 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 c...

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Bibliographic Details
Main Authors: Admati, Anat R. (Author), Hellwig, Martin F. (Author)
Format: eBook
Language:English
Published: Princeton : Princeton University Press, 2014.
Edition:[New edition] /
Subjects:
Online Access:Click for online access
Table of Contents:
  • The emperors of banking have no clothes
  • How borrowing magnifies risk
  • The dark side of borrowing
  • Is it really "a wonderful life"?
  • Banking dominos
  • What can be done?
  • Is equity expensive?
  • Paid to gamble
  • Sweet subsidies
  • Must banks borrow so much?
  • If not now, when?
  • The politics of banking
  • Other people's money.