Myth of Too Big to Fail

Informationen zum Autor 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. Klappentext 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. Zusammenfassung 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. Inhaltsverzeichnis The Doctrine of TBT The History of TBTF and High-Profile Episodes Far too Big and Politically Connected The Obesity of the Financial Sector Worthy of a Bailout: To be or Not to Be Why too Big to Fail is Too Outrageous to Accept Dealing with the Menace of TBTF Forget about Basel II

List of contents

The Doctrine of TBT The History of TBTF and High-Profile Episodes Far too Big and Politically Connected The Obesity of the Financial Sector Worthy of a Bailout: To be or Not to Be Why too Big to Fail is Too Outrageous to Accept Dealing with the Menace of TBTF Forget about Basel II

Product details

• Authors: I Moosa, I. Moosa, Imad Moosa, Imad A. Moosa, MOOSA IMAD
• Publisher: Palgrave UK
• Languages: English
• Product format: Hardback
• Released: 27.10.2010
• EAN: 9780230277762
• ISBN: 978-0-230-27776-2
• No. of pages: 239
• Series: Palgrave Macmillan Studies in Banking and Financial Institutions; Palgrave MacMillan Studies in; Palgrave MacMillan Studies in; Palgrave Macmillan Studies in Banking and Financial Institutions
• Subjects: Social sciences, law, business > Business > Economics; B, Economic Policy, Banking, Corporate Finance, macroeconomics, Financial Services, Political Economy, Macroeconomics and Monetary Economics, Macroeconomics/Monetary Economics//Financial Economics, Business Finance, Monetary Economics, Public finance, Palgrave Economics & Finance Collection, Business enterprises—Finance, Banks and banking, Finance, Public, Corporations—Finance