TY - BOOK AU - Admati,Anat R. AU - Hellwig,Martin F. TI - The bankers' new clothes: what's wrong with banking and what to do about it SN - 9780691251707 (Paperback) AV - HG 1586 A238b 2024 PY - 2024/// CY - Princeton PB - Princeton University Press KW - Banks and banking KW - Bancos y banca KW - Financial institutions KW - Government policy KW - Instituciones financieras KW - Política gubernamental KW - Financial crises KW - Prevention KW - Crisis financiera KW - Prevención N1 - Includes bibliographical references (pages 527-562) and index N2 - "New bank failures have been a rude awakening for everyone who believed that the banking industry was reformed after the Global Financial Crisis -- and that we'd never again have to choose between massive bailouts and finacial havoc. The Bankers' New Clothes uncovers just how little things have changed -- and why banks are still so dangerous. Writing in clear language that anyone can understand, Anat Admati and Martin Hellwig debunk the false and misleading claims of bankers, regulators, politicians, academics, and others who oppose effective reform, and they explain how the banking system can be made safer and healthier. Thoroughly updated for a world where bank failures have made a dramatic return, this acclaimed and important book now features a new preface and four new chapters that expose the shortcomings of current policies and reveal how the dominance of banking even presents dangers to the rule of law and democracy itself."-- Provided by publisher ER -