Lessons not learned : 10 steps to stable financial markets / Dr. Susanne Trimbath.

Format:

Book

Author/Creator:

Trimbath, Susanne, author.

Language:

English

Subjects (All):

Capital market.

Financial institutions.

Global Financial Crisis (2008-2009).

Physical Description:

1 online resource (289 p.)

Edition:

1st ed.

Place of Publication:

London, England : Spiramus Press Ltd, 2015.

Summary:

Much has been written and spoken about the lessons learned from the financial crisis of 2009. In this book, we list the lessons not learned before the financial crisis. The purpose of this book is to demonstrate that the theoretical and intellectual frameworks for regulating financial systems that had been available since at least 2001 could have prevented the systemic failure in the United States that led to the collapse of global credit markets in 2008.

Contents:

Intro

Acknowledgements

About the author

Contents

Abbreviations

Tables of authorities

Foreword

Introduction

1. Updated Regulations

1.1. Lesson

1.2. Purpose

1.3. Theory

1.4. Practice

1.5. Connection

1.6. Conclusion

2. Registration and Authorisation

2.1. Lesson

2.2. Purpose

2.3. Theory

2.4. Practice

2.5. Connection

2.6. Conclusion

3. Surveillance and Examinations

3.1. Lesson

3.2. Purpose

3.3. Theory

3.4. Practice

3.5. Connection

3.6. Conclusion

4. Allowable Diversification

4.1. Lesson

4.2. Purpose

4.3. Theory

4.4. Practice

4.5. Connection

4.6. Conclusion

5. Independent Monitors

5.1. Lesson

5.2. Purpose

5.3. Theory

5.4. Practice

5.5. Connection

5.6. Conclusion

6. Information and Standards

6.1. Lesson

6.2. Purpose

6.3. Theory

6.4. Practice

6.5. Connection

6.6. Conclusion

7. Enforcement and Discipline

7.1. Lesson

7.2. Purpose

7.3. Theory

7.4. Practice

7.5. Connection

7.6. Conclusion

8. Safety with Accountability

8.1. Lesson

8.2. Purpose

8.3. Theory

8.3.1. Principal-Agent and Moral Hazard

8.3.2. Optimism and Apathy

8.3.3. Special Interests

8.3.4. Credibility

8.4. Practice

8.5. Connection

8.6. Conclusion

9. Private Ownership

9.1. Lesson

9.2. Purpose

9.3. Theory

9.4. Practice

9.5. Connection

9.6. Conclusion

10. Specialization

10.1. Lesson

10.2. Purpose

10.3. Theory

10.4. Practice

10.5. Connection

10.6. Conclusion

11. Conclusion

11.1. Finance is Everywhere

11.2. No single cause, no single solution

11.3. Moving Beyond Finance and Economics

11.4. Where We Are Now

11.5. Where we could be

11.6. Epilogue to Individual Investors

Appendices

Appendix 1: Note on the Mathematics of Derivatives.

Appendix 2: SROs, Born of the Paperwork Crisis

Appendix 3: Structured Finance

Appendix 4: Who Regulates Banks

Appendix 5: DFA Cross-Reference and Implementation Trackers

Appendix 6: A Collection of Lessons

References

Index.

Notes:

Description based upon print version of record.

Includes bibliiographical references and index.

Description based on online resource ; title from PDF title page (ebrary, viewed November 11, 2015).

ISBN:

9781910151259

1910151254

OCLC:

922887282