04703nam 2200733 a 450 991080919000332120230721015810.00-470-50108-11-282-55084-597866125508431-118-25816-90-470-50106-5(CKB)2670000000014403(EBL)510135(OCoLC)469712019(SSID)ssj0000365282(PQKBManifestationID)11285446(PQKBTitleCode)TC0000365282(PQKBWorkID)10402675(PQKB)10754472(MiAaPQ)EBC510135(DLC) 2017285055(Au-PeEL)EBL510135(CaPaEBR)ebr10381088(CaONFJC)MIL255084(EXLCZ)99267000000001440320090205d2009 uy 0engur|n|---|||||txtccrRestoring financial stability[electronic resource] how to repair a failed system /Viral Acharya, Matthew Richardson, editorsHoboken, N.J. John Wiley & Sonsc20091 online resource (418 p.)Wiley finance seriesDescription based upon print version of record.0-470-49934-6 Includes bibliographical references and index.Restoring Financial Stability: How to Repair a Failed System; Contents; Foreword; Acknowledgments; Prologue: A Bird's-Eye View; P.1 THE FINANCIAL CRISIS OF 2007-2009; P.2 REQUIEM FOR THE SHADOW BANKING SECTOR; P.3 CAUSES; P.4 EFFICIENT REGULATION: PRINCIPLES AND PROPOSALS; P.5 DESCRIPTION OF PUBLIC INTERVENTIONS TO STABILIZE THE FINANCIAL SYSTEM AND ASSESSMENT OF THEIR EFFICACY; P.6 THE NEED FOR INTERNATIONAL COORDINATION; APPENDIX: TIME LINE OF CRISIS; NOTES; Part One: Causes of the Financial Crisis of 2007-2009; Chapter 1: Mortgage Origination and Securitization in the Financial CrisisChapter 2: How Banks Played the Leverage GameChapter 3: The Rating Agencies: Is Regulation the Answer?; Part Two: Financial Institutions; Chapter 4: What to Do about the Government-Sponsored Enterprises?; Chapter 5: Enhanced Regulation of Large, Complex Financial Institutions; Chapter 6: Hedge Funds in the Aftermath of the Financial Crisis; Part Three: Governance, Incentives, and Fair Value Accounting Overview; Chapter 7: Corporate Governance in the Modern Financial Sector; Chapter 8: Rethinking Compensation in Financial FirmsChapter 9: Fair Value Accounting: Policy Issues Raised by the Credit CrunchPart Four: Derivatives, Short Selling, and Transparency; Chapter 10: Derivatives: The Ultimate Financial Innovation; Chapter 11: Centralized Clearing for Credit Derivatives; Chapter 12: Short Selling; Part Five: The Role of the Federal Reserve; Chapter 13: Regulating Systemic Risk; Chapter 14: Private Lessons for Public Banking: The Case for Conditionality in LOLR Facilities; Part Six: The Bailout; Chapter 15: The Financial Sector Bailout: Sowing the Seeds of the Next Crisis?; Chapter 16: Mortgages and HouseholdsChapter 17: Where Should the Bailout Stop?Part Seven: International Coordination; Chapter 18: International Alignment of Financial Sector Regulation; About the Authors; IndexAn insightful look at how to reform our broken financial system The financial crisis that unfolded in September 2008 transformed the United States and world economies. As each day's headlines brought stories of bank failures and rescues, government policies drawn and redrawn against the backdrop of an historic Presidential election, and solutions that seemed to be discarded almost as soon as they were proposed, a group of thirty-three academics at New York University Stern School of Business began tackling the hard questions behind the headlines. Representing fields of finance, economicsWiley finance series.FinanceUnited StatesFinancial crisesGovernment policyUnited StatesBanks and bankingUnited StatesFinancial services industryUnited StatesUnited StatesEconomic conditions2001-2009FinanceFinancial crisesGovernment policyBanks and bankingFinancial services industry339.50973Acharya Viral V870097Richardson Matthew1964-1717911MiAaPQMiAaPQMiAaPQBOOK9910809190003321Restoring financial stability4114517UNINA