LEADER 04703nam 2200733 a 450 001 9910809190003321 005 20230721015810.0 010 $a0-470-50108-1 010 $a1-282-55084-5 010 $a9786612550843 010 $a1-118-25816-9 010 $a0-470-50106-5 035 $a(CKB)2670000000014403 035 $a(EBL)510135 035 $a(OCoLC)469712019 035 $a(SSID)ssj0000365282 035 $a(PQKBManifestationID)11285446 035 $a(PQKBTitleCode)TC0000365282 035 $a(PQKBWorkID)10402675 035 $a(PQKB)10754472 035 $a(MiAaPQ)EBC510135 035 $a(DLC) 2017285055 035 $a(Au-PeEL)EBL510135 035 $a(CaPaEBR)ebr10381088 035 $a(CaONFJC)MIL255084 035 $a(EXLCZ)992670000000014403 100 $a20090205d2009 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 00$aRestoring financial stability$b[electronic resource] $ehow to repair a failed system /$fViral Acharya, Matthew Richardson, editors 210 $aHoboken, N.J. $cJohn Wiley & Sons$dc2009 215 $a1 online resource (418 p.) 225 1 $aWiley finance series 300 $aDescription based upon print version of record. 311 $a0-470-49934-6 320 $aIncludes bibliographical references and index. 327 $aRestoring 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 Crisis 327 $aChapter 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 Firms 327 $aChapter 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 Households 327 $aChapter 17: Where Should the Bailout Stop?Part Seven: International Coordination; Chapter 18: International Alignment of Financial Sector Regulation; About the Authors; Index 330 $aAn insightful look at how to reform our broken financial system The financial crisis that unfolded in September 2008 transformed the United States and world economies. As each day's headlines brought stories of bank failures and rescues, government policies drawn and redrawn against the backdrop of an historic Presidential election, and solutions that seemed to be discarded almost as soon as they were proposed, a group of thirty-three academics at New York University Stern School of Business began tackling the hard questions behind the headlines. Representing fields of finance, economics 410 0$aWiley finance series. 606 $aFinance$zUnited States 606 $aFinancial crises$xGovernment policy$zUnited States 606 $aBanks and banking$zUnited States 606 $aFinancial services industry$zUnited States 607 $aUnited States$xEconomic conditions$y2001-2009 615 0$aFinance 615 0$aFinancial crises$xGovernment policy 615 0$aBanks and banking 615 0$aFinancial services industry 676 $a339.50973 701 $aAcharya$b Viral V$0870097 701 $aRichardson$b Matthew$f1964-$01717911 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910809190003321 996 $aRestoring financial stability$94114517 997 $aUNINA