Gambling with other peoples money how perverse incentives caused the financial crisis
Acknowledgements -- Preface to the 2019 edition -- Introduction -- Gambling with other people's money -- Did creditors expect to get rescued? -- What about equity holders? -- Heads : they win a ridiculously enormous amount : tails : they win just an enormous amount -- How creditor rescue and ho...
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Format: | UnknownFormat |
Sprache: | eng |
Veröffentlicht: |
Standford, California
Hoover Institution Press
2019
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Schriftenreihe: | Hoover Institution Press publication
no.692 |
Schlagworte: | |
Online Zugang: | Inhaltsverzeichnis |
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Zusammenfassung: | Acknowledgements -- Preface to the 2019 edition -- Introduction -- Gambling with other people's money -- Did creditors expect to get rescued? -- What about equity holders? -- Heads : they win a ridiculously enormous amount : tails : they win just an enormous amount -- How creditor rescue and housing policy combined with regulation to blow up the housing market -- Fannie and Freddie -- Fannie and Freddie : cause or effect? -- Commercial banks and investment banks -- Picking up nickels -- Basel : faulty -- Where do we go from here? -- Notes -- Index -- About the author |
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Beschreibung: | Includes bibliographical references and index |
Beschreibung: | xvii, 108 Seiten Diagramme 22 cm |
ISBN: | 0817921850 0-8179-2185-0 9780817921859 978-0-8179-2185-9 |