28%OFF
How Big Banks Fail and What to Do about It
Darrell Duffie (Ed.)
€ 46.99
€ 33.81
FREE Delivery in Ireland
Description for How Big Banks Fail and What to Do about It
Hardback. 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. This book examines how these banks collapse and how we can prevent the need to bail them out. Num Pages: 112 pages, 13 line illus. 2 tables. BIC Classification: KCX; KFFK; KFFM. Category: (UP) Postgraduate, Research & Scholarly. Dimension: 217 x 147 x 15. Weight in Grams: 274.
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 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, Darrell Duffie walks readers step-by-step through the mechanics of large-bank failures. He identifies where the ... Read more
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 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, Darrell Duffie walks readers step-by-step through the mechanics of large-bank failures. He identifies where the ... Read more
Product Details
Format
Hardback
Publication date
2010
Publisher
Princeton University Press
Number of pages
112
Condition
New
Number of Pages
112
Place of Publication
New Jersey, United States
ISBN
9780691148854
SKU
V9780691148854
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-1
About Darrell Duffie (Ed.)
Darrell Duffie is the Dean Witter Distinguished Professor of Finance at Stanford University's Graduate School of Business. He is the author of "Dynamic Asset Pricing Theory" and the coauthor of "Credit Risk: Pricing, Measurement, and Management" (both Princeton).
Reviews for How Big Banks Fail and What to Do about It
"[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 performed a great service by attempting to explain in simple terms why and how ... Read more
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 performed a great service by attempting to explain in simple terms why and how ... Read more