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Challenging the belief that the banking crisis stemmed from inadequate regulation, this book argues that regulatory measures may have worsened the situation. The contributors, noted experts in finance, reveal that both statutory regulation and government policies failed, exacerbating risks and fostering an asset bubble through loose monetary policy. They advocate for targeted, non-intrusive regulatory tools to address specific banking weaknesses, making this work crucial for understanding the implications of recent financial events.
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Verdict on the Crash, Philip Booth
- Language
- Released
- 2009
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- (Paperback)
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- Title
- Verdict on the Crash
- Subtitle
- Causes and Policy Implications
- Language
- English
- Authors
- Philip Booth
- Released
- 2009
- Format
- Paperback
- ISBN13
- 9780255366359
- Category
- Political Science / Politics
- Description
- Challenging the belief that the banking crisis stemmed from inadequate regulation, this book argues that regulatory measures may have worsened the situation. The contributors, noted experts in finance, reveal that both statutory regulation and government policies failed, exacerbating risks and fostering an asset bubble through loose monetary policy. They advocate for targeted, non-intrusive regulatory tools to address specific banking weaknesses, making this work crucial for understanding the implications of recent financial events.