000 05891nam a2200349Ia 4500
001 226
008 230305s2009 xx 000 0 und d
020 _a9780470499344
041 _aeng
245 0 _aRestoring financial stability
260 _a
_bWiley,
_c2009
300 _a401 p. ; 24 cm
490 _aFinance
500 _ahow to repair a failed system
505 _aPrologue: A Bird's Eye View.
_r--
_rThe Financial Crisis of 2007-2009: Causes and Remedies By (Viral Acharya, Thomas Philippon, Matthew Richardson, and Nouriel Roubini).--
_r--
_rSection I: Causes of the Financial Crisis of 2007-2009 By (Matthew Richardson).--
_r--
_rChapter 1: Mortgage Origination and Securitization in the Financial Crisis By (Dwight Jaffee, Anthony Lynch, Matthew Richardson and Stijn Van Nieuwerburgh).--
_r--
_rChapter 2: How Banks Played the Leverage "Game" By (Viral Acharya and Philipp Schnabl).--
_r--
_rChapter 3: The Rating Agencies Is Regulation the Answer By (Matthew Richardson and Lawrence White)?--
_r--
_rSection II: Financial Institutions By (Matthew Richardson).--
_r--
_rChapter 4: What to Do About the Government Sponsored Enterprises By (Dwight Jaffee, Matthew Richardson, Stijn Van Nieuwerburgh, Lawrence White and Robert Wright)?--
_r--
_rChapter 5: Enhanced Regulation of Large Complex Financial Institutions By (Anthony Saunders, Roy Smith & Ingo Walter).--
_r--
_rChapter 6: Hedge Funds in the Aftermath of the Financial Crisis By (Stephen Brown, Marcin Kacperczyk, Alexander Ljungqvist, Anthony Lynch, Lasse Pedersen, and Matthew Richardson).--
_r--
_rSection III: Governance, Incentives and Fair Value Accounting Overview By (Viral Acharya and Rangarajan Sundaram).--
_r--
_rChapter 7: Corporate Governance in the Modern Financial Sector By (Viral V. Acharya, Jennifer Carpenter, Xavier Gabaix, Kose John, Matthew Richardson, Marti Subrahmanyam, Rangarajan Sundaram, Eitan Zemel).--
_r--
_rChapter 8: Rethinking Compensation in Financial Firms By (Gian Luca Clementi, Thomas F. Cooley, Matthew Richardson, and Ingo Walter).--
_r--
_rChapter 9: Fair Value Accounting Policy Issues Raised by the Credit Crunch By (Stephen G. Ryan).--
_r--
_rSection IV: Derivatives, Short-Selling and Transparency By (Viral Acharya).--
_r--
_rChapter 10: Derivatives The Ultimate Financial Innovation By (Viral Acharya, Menachem Brenner, Robert Engle, Anthony Lynch and Matthew Richardson).--
_r--
_rChapter 11: Centralized Clearing for Credit Derivatives By (Viral Acharya, Robert Engle, Stephen Figlewski, Anthony Lynch, and Marti Subrahmanyam).--
_r--
_rChapter 12: Short Selling By (Menachem Brenner and Marti G. Subrahmanyam).--
_r--
_rSection V: The Role of the Fed By (Thomas Cooley and Thomas Philippon).--
_r--
_rChapter 13: Regulating Systemic Risk By (Viral Acharya, Lasse Pedersen, Thomas Philippon and Matthew Richardson).--
_r--
_rChapter 14: Private Lessons for Public Banking: The Case for Conditionality in LOLR Facilities By (Viral Acharya and David Backus).--
_r--
_rSection VI: The Bailout By (Thomas Cooley and Thomas Philippon).--
_r--
_rChapter 15: The Financial Sector "Bailout" Sowing the Seeds of the Next Crisis By (Viral Acharya and Rangarajan Sundaram)?--
_r--
_rChapter 16: Mortgages and Households By (Andrew Caplin and Thomas Cooley).--
_r--
_rChapter 17: Where Should the Bailout Stop By (Edward I. Altman and Thomas Philippon)?--
_r--
_rSection VII: International Coordination..--
_r--
_rChapter 18: International Alignment of Financial Sector Regulation By (Viral Acharya, Paul Wachtel and Ingo Walter).--
_r--
_rNYU Stern Author Biographies.--
_r--
_rIndex.--
520 _aAn insightful look at how to reform our broken financial system ; ; The financial crisis that unfolded in September 2008 transformed the United States and world economies. As each day's headlines brought stories of bank failures and rescues, government policies drawn and redrawn against the backdrop of an historic Presidential election, and solutions that seemed to be discarded almost as soon as they were proposed, a group of thirty-three academics at New York University Stern School of Business began tackling the hard questions behind the headlines. Representing fields of finance, economics, and accounting, these professors-led by Dean Thomas Cooley and Vice Dean Ingo Walter-shaped eighteen independent policy papers that proposed market-focused solutions to the problems within a common framework. In December, with great urgency, they sent hand-bound copies to Washington. Restoring Financial Stability is the culmination of their work. ; ; Proposes bold, yet principled approaches-including financial policy alternatives and specific courses of action-to deal with this unprecedented, systemic financial crisis ; Created by the contributions of various academics from New York University's Stern School of Business ; Provides important perspectives on both the causes of the global financial crisis as well as proposed solutions to ensure it doesn't happen again ; Contains detailed evaluations and analyses covering many spectrums of the marketplace ; Edited by Matthew Richardson and Viral Acharya, this reliable resource brings together the best thinking of finance and economics from the faculty of one of the top universities in world.
650 _aFinance
_xUnited States
_91596
650 _aFinancial crises
_xGovernment policy
_xUnited States
_91597
650 _aBanks and banking
_xUnited services industry
_xUnited States
_91598
650 _aUnited States
_xEconomic conditions
_x2001-2009
_91599
650 _a
_912
650 0 _aFinance
_93911
700 _aRichardson, Matthew
_eAuthor
_91600
700 _aAcharya, Viral V.
_eAuthor
856 _uhttp://books.google.com/books?id=-cPha0xhKmkC&printsec=frontcover&dq=restoring+financial+stability&cd=1#v=onepage&q&f=false
902 _a667
905 _am
912 _a2009-01-01
942 _a1
953 _d2010-06-07 12:48:28
999 _c227
_d227