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The modern deal -- KKR, Sungard and the private equity phenomenon -- Accredited home lenders and the attack of the MAC -- United Rentals, Cerberus, and the private equity implosion -- Dubai ports, Merrill Lynch, and the sovereign wealth fund problem -- Bear Stearns and the moral hazard principle...
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The financial crisis revealed the extent of the global financial system's interconnectedness. Regulators are challenged to find new means of identifying and tackling sources of risk. A regulatory focus on micro, rather than macro prudential (i.e. network-based), models may explain recent...
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