The Bankers' New Clothes

The Bankers' New Clothes

What's Wrong With Banking and What to Do About It

Book - 2013
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Publisher: Princeton, N.J. : Princeton University Press, c2013
ISBN: 9780691156842
0691156840
Branch Call Number: 332.1 Adma
Characteristics: xv, 398 p. ; 25 cm
Additional Contributors: Hellwig, Martin F

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dly_00
Mar 11, 2016

This is a good introduction for dedicated laypersons who want to understand the importance of capital structure on banks and how it influenced and deepened the financial crash of 2008. It is rather worrisome that the recommendations from these erudite scholars of banking have yet to materialize in the global financial system.

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StarGladiator
Jul 23, 2013

I find this book, overall, to be in support of the status quo, without really addressing the foundational, the fundamental, issues. A simple question: Do the authors discuss the "internalization business" and the underlying motives for it? Do the authors really "demystify" banking? No, not really....

s
SirWhiskers
May 10, 2013

An excellent counter-argument to banking and finance industry lobbying. My only complaint is that the authors repeat themselves constantly - they could have cut 1/3 of the book and lost nothing important.

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