Yasuyuki Fuchita, Richard J. Herring, Robert E. Litan, "After the Crash: The Future of Finance"
English | 2010-08-10 | ISBN: 0815704046 | 150 pages | PDF | 2,1 MB
As the global economy continues to weather the effects of the recession brought on by the financial crisis of 2007 08, perhaps no sector has been more affected and more under pressure to change than the industry that was the locus of that crisis: the financial services industry. But as policymakers, financial experts, lobbyists, and others seek to rebuild this industry, certain questions loom large. For example, should the pay of financial institution executives be regulated to control risk taking? That possibility certainly has been raised in official circles, with spirited reactions from all corners. How will stepped-up regulation affect key parts of the financial services industry? And what lies ahead for some of the key actors in both the United States and Japan?