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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.
Autor: Moosa, I.
ISBN: 9780230277762
Sprache: Englisch
Seitenzahl: 223
Produktart: Gebunden
Verlag: Palgrave Macmillan UK
Veröffentlicht: 27.10.2010
Schlagworte: Basel II Doctrine apocalyptic argue event history history of literature history of mathematics institutions obesity
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.

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