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How Big Banks Fail and What to Do about It Book

How Big Banks Fail and What to Do about It
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How Big Banks Fail and What to Do about It, Dealer 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 c, How Big Banks Fail and What to Do about It
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  • How Big Banks Fail and What to Do about It
  • Written by author Duffie, Darrell
  • Published by Princeton University Press, 10/18/2010
  • Dealer 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 c
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Authors

List of Figures and Tables ix

Preface xi

Chapter One: Introduction 1

Chapter Two: What Is a Dealer Bank? 9

Chapter Three: Failure Mechanisms 23

Chapter Four: Recapitalizing a Weak Bank 43

Chapter Five: Improving Regulations and Market Infrastructure 53

Appendix: Central Clearing of Derivatives 63

Notes 71

Bibliography 79

Index 87


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How Big Banks Fail and What to Do about It, Dealer 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 c, How Big Banks Fail and What to Do about It

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How Big Banks Fail and What to Do about It, Dealer 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 c, How Big Banks Fail and What to Do about It

How Big Banks Fail and What to Do about It

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WonderClub Home

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How Big Banks Fail and What to Do about It, Dealer 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 c, How Big Banks Fail and What to Do about It

How Big Banks Fail and What to Do about It

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