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The Bankers' New Clothes: What's Wrong with Banking and What to Do about It - New and Expanded Edition (Paperback)

by Admati, Anat | New Book | Back Order

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Description

A Wall Street Journal, Financial Times, and Bloomberg Businessweek Book of the Year

Why our banking system is broken--and what we must do to fix it

New bank failures have been a rude awakening for everyone who believed that the banking industry was reformed after the Global Financial Crisis--and that we'd never again have to choose between massive bailouts and financial havoc. The Bankers' New Clothes uncovers just how little things have changed--and why banks are still so dangerous. Writing in clear language that anyone can understand, Anat Admati and Martin Hellwig debunk the false and misleading claims of bankers, regulators, politicians, academics, and others who oppose effective reform, and they explain how the banking system can be made safer and healthier. Thoroughly updated for a world where bank failures have made a dramatic return, this acclaimed and important book now features a new preface and four new chapters that expose the shortcomings of current policies and reveal how the dominance of banking even presents dangers to the rule of law and democracy itself.

Summary: A Wall Street Journal, Financial Times, and Bloomberg Businessweek Book of the Year Why our banking system is broken--and what we must do to fix it. The Bankers' New Clothes uncovers just how little things have changed--and why banks are still so dangerous. A worthwhile addition for readers seeking depth and lasting appeal. A compelling choice for anyone looking for thoughtful and enjoyable content.
This is a Paperback book.

*This book is returnable


Author(s): Admati, Anat
Book Type: New Book
Genre: Banks & Banking, Theory
Format: Paperback
ISBN-10: 0691251703
EAN: 9780691251707
Language: English
Number of Pages: 624
Publication Date: 2024-01-09
Publisher: Princeton University Press
Weight: 1.35 Pounds

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