The Myth of Too Big To Fail
ISBN:
978-0-230-27776-2
Auflage:
2010
Verlag:
Palgrave Macmillan, Palgrave Macmillan UK
Land des Verlags:
Vereinigtes Königreich
Erscheinungsdatum:
27.10.2010
Reihe:
Palgrave Macmillan Studies in Banking and Financial Institutions
Format:
Hardcover
Seitenanzahl:
223
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The book presents arguments against the taxpayers'-funded bailing out of failed financial institutions, and puts forward suggestions to circumvent the TBTF problem, including some preventive measures. It ultimately argues that a failing financial institution should be allowed to fail without fearing an apocalyptic outcome.
Schlagwörter
Biografische Anmerkung
IMAD MOOSA is Professor of Finance at Monash University, Australia. Prior to becoming an academic, he was a professional economist and a financial journalist. Professor Moosa has published ten books and over 160 papers in international journals. He has served in a number of advisory positions, including as an economic advisor to the U.S. Treasury.