Stewards of the market

how the Federal Reserve made sense of the financial crisis

The financial crisis of 2008 led to the collapse of several major banks and thrust the U.S. economy into the deepest recession since the Great Depression. The Federal Reserve was the agency most responsible for maintaining the nation’s economic stability. And the Fed ...

MEMENTO PRÁCTICO-Mercados Financieros 2020-2021

Banca, Bolsa y Seguros

Por fin una obra que realiza una visión completa de todo el sistema financiero. Se analizan los tres sectores que lo componen: mercado del crédito o bancario, mercado de valores e instrumentos financieros y mercado de seguros En cada uno de los sectores se abordan ...

Sin miedo al sandbox

retos y riesgos legales del sandbox

El término inglés sandbox (literalmente, “caja de arena”) se refiere en su origen a aquellos espacios delimitados (en jardines, parques) donde niños y niñas juegan bajo supervisión adulta. Este término se ha aplicado al sector financiero, para generar un entorno seguro, para la entidad y ...

In the combat zone of finance

an insider's account of the financial crisis

The 2008 financial crisis was among the worst in history, yet nevertheless offers invaluable lessons. Recorded as the third largest bankruptcy in history, it caused Iceland to experience an instant collapse. Iceland defied the rules of finance; no bailout was attempted, capital movements were restricted ...

Sabotage

the business of finance

Financial malpractice, we're told, is an aberration: the actions of a few bad apples deviating from the norms of a market-governed process and gaming the system. In Sabotage, political scientists Anastasia Nesvetailova and Ronen Palan blow this fiction apart, showing that sabotage is not ...

Divested

inequality in financialized America

Finance is an inescapable part of American life. From how one pursues an education, buys a home, runs a business, or saves for retirement, finance orders the lives of ordinary Americans. And as finance continues to expand, inequality soars. In Divested, Ken-Hou Lin and Megan ...

Guía del Sistema Financiero Español

La publicación de esta nueva edición, que ve la luz cuatro años después de la anterior (7ª edición), coincide con el 25 aniversario de su primer lanzamiento en 1994. El principal objetivo, desde su nacimiento, ha sido recoger las transformaciones del sistema financiero español y ...

Taking the floor

models, morals, and management in a Wall Street trading room

Debates about financial reform have led to the recognition that a healthy financial system doesn't depend solely on how it is structured-organizational culture matters as well. Based on extensive research in a Wall Street derivatives-trading room, Taking the Floor considers how the culture of ...

Hackeando el futuro del dinero

Tras el rescate bancario y la crisis financiera mundial, la ira hacia el sistema financiero no hizo más que aumentar. Aunque el funcionamiento del sistema sigue resultando opaco para muchas personas, esta guía práctica cerrará la brecha entre los eslóganes de protesta y un cambio ...

The corporate, real estate, household, Government and Non-Bank Financial sectors under financial stability

Sound financial stability assessments necessitate intensive analysis of different sectors, namely, the household sector, the corporate sector, the real estate sector, the government sector, and the non-bank financial sector. This volume provides a complete analysis and risk assessment of each of these sectors which make ...

Market rules

bankers, presidents, and the origins of the Great Recession

Although most Americans attribute shifting practices in the financial industry to the invisible hand of the market, Mark H. Rose reveals the degree to which presidents, legislators, regulators, and even bankers themselves have long taken an active interest in regulating the industry. In 1971, members ...

Moneyland

why thieves and crooks now rule the world and how to take it back

SUNDAY TIMES BUSINESS BOOK OF THE YEAR an ECONOMIST Politics and Current Affairs book of the year a DAILY MAIL book of the year 'You cannot understand power, wealth and poverty without knowing about Moneyland.' Simon Kuper, New Statesman From ruined towns on the edge ...

La telaraña financiera

una geografía de la financiación y su crisis

Desde hace cuatro décadas el mundo vive un período de desmesura financiera que condujo a la Gran Recesión de 2007-2008 y que, con ligeros ajustes, persiste hasta la actualidad. Al poder de los grandes bancos sistémicos y de otros inversores institucionales se une el crecimiento ...

The return of trust?

institutions and the public after the icelandic financial crisis

Trust is the fundamental facilitator between actors in society, yet the past decade has seen the public openly question through demonstrations and elections whether business and political institutions deserve the trust society has placed in them-or whether the common person has been abandoned in favour ...

Un mundo de tres ceros

La nueva economía de pobreza cero, desempleo cero y cero emisiones netas de carbono

Muhammad Yunus es uno de los críticos sociales más agudos de la actualidad. En Un mundo de tres ceros constata que el motor del capitalismo está roto: que tal como se concibe actualmente conduce inevitablemente a una desigualdad desenfrenada, un desempleo masivo y la destrucción ...

The new confessions of an economic hitman

the shocking inside story of how America really took over the world

False economics. Threats, bribes, extortion. Debt, deception, coups, assassinations and unbridled military power. These are the tools used by the 'corporatocracy' - a vast network of corporations, banks, colluding governments and rich and powerful individuals - to ensure that they retain and expand their wealth and influence ...

The Fed and Lehman Brothers

setting the record straight on a financial disaster

The bankruptcy of the investment bank Lehman Brothers was the pivotal event of the 2008 financial crisis and the Great Recession that followed. Ever since the bankruptcy, there has been heated debate about why the Federal Reserve did not rescue Lehman in the same way ...

Market design

auctions and matching

This book offers an introduction to market design, providing students with a broad overview of issues related to the design and analysis of market mechanisms. It defines a market as a demand and a supply, without specifying a price system or mechanism. This allows the ...

Contestants, profiteers, and the political dynamics of marketization

how shareholders gained control rights in Britain, Germany, and France

Since the early 1980s, governments worldwide have taken many measures to expand the role of markets. Recent political events reflect widespread disenchantment with neoliberal policies, but it remains doubtful whether populist leaders will deliver the market restraints that many of their voters expect. This book ...

Brexit and financial services

Law and policy

This timely book examines the legal and regulatory implications of Brexit for financial services. The UK's withdrawal from the EU is likely to have significant market, political, and policy consequences for the UK financial system, for the single market and the euro area, and ...