Banks have long relied on a number of funding sources, including equity capital, non-brokered and brokered deposits, and other liabilities, to make various types of loans and investments. And for almost as long, bank regulatory authorities have imposed various restrictions and costs on those...

This paper is the first paper to provide a comprehensive review of the US regulatory treatment of a relatively recent and controversial source of funds, namely brokered deposits. To do this, we consider the extent to which banks rely on brokered deposits, as well as the impact of these funds on...

"The Savings and Loan Crisis: Lessons from a Regulatory Failure" sets the record straight about what actually happened to our banking institutions in the 1980s. As is documented by the highly respected and diverse group of former regulators, scholars and practitioners contributing to this book,...