01954cam a2200361 a 4500001000700000003000800007005001700015006001900032007000300051008004100054010001700095020002800112020003100140040001800171041000800189043001200197050002300209082001400232100002900246245008200275260006100357300004900418504006400467505014200531520068300673650002801356650003801384650002901422650002801451651004001479651004501519700002801564724764BJBSDDR20230411090826.0a|||||r|||| 00| 0 ta980218s1998    dcua     b    001 0 eng    a   98008988   a0815752881 (alk. paper)  a9780815752882 (alk. paper)  aDLCcDLCdDLC  aeng  an-us---14aHG 181bL775a 199800a332/.09731 aLitan, Robert E.,d1950-10aAmerican finance for the 21st century /cRobert E. Litan with Jonathan Rauch.  aWashington, D.C. :bBrookings Institution Press,cc1998.  aviii, 211 pages : billustrations ; c24 cm.  aIncludes bibliographical references (p. 193-201) and index.0 aThe financial services industry today -- Tides of change -- Energizing competition -- Containing risk -- Expanding financial opportunity.  aThis book, originally prepared as a report to Congress by the Treasury Department, presents a framework for setting policy toward the financial services industry in the coming decades. The authors, who worked closely with senior Treasury officials in developing their recommendations, identify three core principles: an enhanced role for competition, a shift in emphasis from preventing failures of financial institutions at all cost toward containing the damage of the failures that inevitably occur in a competitive market, and a greater reliance on more targeted interventions to achieve policy goals rather than broad measures such as flat prohibitions on certain activities 0aFinancezUnited States. 0aBanks and bankingzUnited States. 4aFinanzaszEstados Unidos 4aBancos zEstados Unidos 0aUnited StatesxEconomic conditions. 4aEstados UnidosxCondiciones económicas1 aRauch, Jonathan,d1960-