The Bankers' New Clothes
eBook - ePub

The Bankers' New Clothes

What's Wrong with Banking and What to Do about It - New and Expanded Edition

Anat Admati, Martin Hellwig

  1. 448 pages
  2. English
  3. ePUB (mobile friendly)
  4. Available on iOS & Android
eBook - ePub

The Bankers' New Clothes

What's Wrong with Banking and What to Do about It - New and Expanded Edition

Anat Admati, Martin Hellwig

Book details
Table of contents

About This Book

A Wall Street Journal, Financial Times, and Bloomberg Businessweek Book of the YearWhy our banking system is broken—and what we must do to fix it 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 financial 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.

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Table of contents

  1. Cover
  2. More praise for The Bankers’ New Clothes
  3. Title Page
  4. Copyright
  5. Dedication
  6. Contents
  7. Preface to the 2024 Edition
  8. Preface
  9. Acknowledgments
  10. 1. The Emperors of Banking Have No Clothes
  11. Part I. Borrowing, Banking, and Risk
  12. Part II. The Case for More Bank Equity
  13. Part III. Moving Forward
  14. Part IV. Undermining Democracy and the Rule of Law
  15. Notes
  16. References
  17. Index
Citation styles for The Bankers' New Clothes

APA 6 Citation

Admati, A., & Hellwig, M. (2023). The Bankers’ New Clothes ([edition unavailable]). Princeton University Press. Retrieved from (Original work published 2023)

Chicago Citation

Admati, Anat, and Martin Hellwig. (2023) 2023. The Bankers’ New Clothes. [Edition unavailable]. Princeton University Press.

Harvard Citation

Admati, A. and Hellwig, M. (2023) The Bankers’ New Clothes. [edition unavailable]. Princeton University Press. Available at: (Accessed: 21 June 2024).

MLA 7 Citation

Admati, Anat, and Martin Hellwig. The Bankers’ New Clothes. [edition unavailable]. Princeton University Press, 2023. Web. 21 June 2024.