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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Bibliographische Detailangaben
1. Verfasser: Roberts, Russell D. (VerfasserIn)
Körperschaft: Stanford University (Herausgebendes Organ)
Format: UnknownFormat
Sprache:eng
Veröffentlicht: Standford, California Hoover Institution Press 2019
Schriftenreihe:Hoover Institution Press publication no.692
Schlagworte:
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Beschreibung
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
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