; Banking Supervision & Regulation -- How Are Banks Funded? -- How Do Banks Use Their Funds? -- Who Owns the Banks? Bank Capital …

detail, Darrell Duffie walks readers step-by-step through the mechanics of large-bank failures. He identifies where the … cracks first appear when a dealer bank is weakened by severe trading losses, and demonstrates how the bank's relationships … exposure to the dealer bank, the bank is forced to signal its strength by using up its slim stock of remaining liquid capital …

Freddie Mac normal bank supervisory power. This was a political failure as Congress was appealing to narrow constituencies. In …, effectively requiring banks to lower bank mortgage standards to underserved areas. Crucially, the risky mortgage standards then …