搜索
人大经济论坛 › 附件下载

附件下载

所在主题：
文件名:  Financing Failure.pdf
资料下载链接地址: https://bbs.pinggu.org/a-1839823.html
附件大小:
Financing Failure: A Century of Bailouts
January 10, 2012
by Vern McKinley

  • Paperback: 384 pages
  • Publisher: Independent Institute (January 10, 2012)
  • Language: English
  • ISBN-10: 1598130498
  • ISBN-13: 978-1598130492
With information obtained through Freedom of Information Act requests, Vern McKinley disproves the claim that federal financial regulators and politicians prevented a more severe financial crisis and argues that reining in federal regulators is a necessary step toward truly promoting the safety and soundness of the financial system.

During the recent financial crisis no issue has aroused more passion than financial institution bailouts. The standard rationale for the bailouts has been one of necessity and fear: federal regulatory agencies must have more authority in order to respond to the crisis, or else the public will face terrible consequences. But does this rationale hold up to close inspection?

In Financing Failure, Vern McKinley approaches the topic by examining the policy decisions behind the bailouts and by showing their connection to previous government interventions. He brings under scrutiny the policy decisions made by the Treasury Department, the Federal Reserve, and the FDIC during the crisis of the 2000s and links them to policies that go back as far as the 1930s. This history of bailouts reveals that the genesis of financial crisis is government policy, be it the mismanagement of monetary policy during the 1930s or the political push to expand homeownership that helped cause the 2000s crisis.

The nation’s federal financial regulators and the politicians claim to have saved the American economy. In truth they have done everything within their power to expand their own influence — often far out of view from the public and media. Instead of openly explaining their actions, the bailout agencies have attempted to prevent the public from reviewing their decision-making, often at tremendous cost to taxpayers. McKinley’s painstakingly researched and clear-headed analysis of bailouts and government intervention shows that the American public has accepted too many official pronouncements at face value, and that reining in the federal regulators is a necessary step toward truly promoting the safety and soundness of the financial system.



Table of Contents


Acknowledgments

Financial Scorecard

Introduction



1. Bear Stearns-The Original Sin

2. Bailouts 101

3. The Depression of the 1930s and the Interventions

4. After the Depression

5. 1980s Financial Crisis and the Interventions

6. After the 1980s Financial Crisis

7. The 2000s Crisis: The Fed and Treasury Intervene

8. The 2000s Crisis: The FDIC Intervenes

9. The 2000s Crisis: TARP

10. Will the Dodd-Frank Changes Stop the Bailouts?

11. The Assessment of the History



Appendix The Freedom of Information Act Lawsuits

Index

About the Author


下载：


    熟悉论坛请点击新手指南
下载说明
1、论坛支持迅雷和网际快车等p2p多线程软件下载，请在上面选择下载通道单击右健下载即可。
2、论坛会定期自动批量更新下载地址,所以请不要浪费时间盗链论坛资源,盗链地址会很快失效。
3、本站为非盈利性质的学术交流网站,鼓励和保护原创作品，拒绝未经版权人许可的上传行为。本站如接到版权人发出的合格侵权通知，将积极的采取必要措施；同时，本站也将在技术手段和能力范围内，履行版权保护的注意义务。
(如有侵权，欢迎举报)
二维码

扫码加我 拉你入群

请注明：姓名-公司-职位

以便审核进群资格，未注明则拒绝

京ICP备16021002号-2 京B2-20170662号 京公网安备 11010802022788号 论坛法律顾问：王进律师 知识产权保护声明   免责及隐私声明

GMT+8, 2026-1-2 01:47