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 crisis, they pose significant risks to our fin...
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Format: | EBOOK |
Language: | ENGLISH |
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Princeton University Press
2010
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