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premature to conclude that 'Too Big to Fail" has been solved, but macro-prudential regulation is now much more effective and …
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To understand the 2008 financial crisis, Neil Fligstein looks to the business models of the big US banks. He shows how firms got hooked on mortgages--originating them, securitizing them, selling those securities, and even buying the same securities. In time their addiction nearly collapsed the...
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"To understand the 2008 financial crisis, Neil Fligstein looks to the business models of the big US banks. He shows how firms got hooked on mortgages-originating them, securitizing them, selling those securities, and even buying the same securities. In time their addiction nearly collapsed the...
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competition, regulation, and stability, and the implications of coordinating banking regulations with competition policies. Xavier … competition in banking should be accounted for. Vives argues that regulation and competition policy should be coordinated, with … regulation, competition policies, and crisis interventions in Europe, the United States, as well as emerging economies. Focusing …
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