Ending Government Bailouts as We Know Them (Hoover Institution Press Publication)
| Author | : | |
| Rating | : | 4.82 (669 Votes) |
| Asin | : | 0817911243 |
| Format Type | : | paperback |
| Number of Pages | : | 338 Pages |
| Publish Date | : | 2014-02-28 |
| Language | : | English |
DESCRIPTION:
Rodgin Cohen Chairman, Sullivan & Cromwell LLP"Radical reform of our financial system is required. The 'too big to fail' problem is too important to ignore. This book, with contributions from some of our leading financial statesmen, explores the options." -- Mervyn King, Governor of the Bank of England"No tax payer bailouts! No "too big to fail"! How do we achieve that while recognizing that failures will occur as they are an indispensable element of our free enterprise system? The ideas presented in the book are important for policy makers and other interested parties to read, understand, and include as they consider changes to our regulatory policies and structure for financial institutions." -- --Dick Kovacevich chairman emeritus and former chairman and CEO of Wells Fargo & Company"No tax
"Warning - very technical book" according to Amazon Customer. This was a very well-written and fairly comprehensive book which laid out various strategies to consider for avoiding the recent U.S. financial system bailout. I only give it Warning - very technical book This was a very well-written and fairly comprehensive book which laid out various strategies to consider for avoiding the recent U.S. financial system bailout. I only give it 3-stars, however, because it was very, very technical! Meaning, if you are not interested in bankruptcy law and the minute details that make up our financial system, you probably won't be interested in this book, either. I thought the best parts of it were the introductory few chapters, and the appendix, which summarized the meltdown, the corresponding bailouts. -stars, however, because it was very, very technical! Meaning, if you are not interested in bankruptcy law and the minute details that make up our financial system, you probably won't be interested in this book, either. I thought the best parts of it were the introductory few chapters, and the appendix, which summarized the meltdown, the corresponding bailouts
The expert authors show that it is indeed possible to explain the causes of the crisis in understandable terms and clarify why resolving the bailout problem is essential to preventing future crises.. This book examines the dangers of continuing government bailouts and offers alternative strategies designed to produce growth based on the vigor of the private sector with inflation under control