The Banking Crisis Handbook

Explores theOrigin of the Recent Banking Crisis and how to Preclude Future Crises

Shedding newlight on the recent worldwide banking debacle, The Banking CrisisHandbook presents possible remedies as to what should have been doneprior, during, and after the crisis. With contributions fromwell-known academics and professionals, the book contains exclusive,new research that will undoubtedly assist bank executives, riskmanagement departments, and other financial professionals to attain aclear picture of the banking crisis and prevent future bankingcollapses.

The first part ofthe book explains how the crisis originated. It discusses the role ofsubprime mortgages, shadow banks, ineffective risk management, poorfinancial regulations, and hedge funds in causing the collapse offinancial systems. The second section examines how the crisisaffected the global market as well as individual countries andregions, such as Asia and Greece. In the final part, the bookexplores short- and long-term solutions, including governmentintervention, financial regulations, efficient bank default riskapproaches, and methods to evaluate credit risk. It also looks atwhen government intervention in financial markets can be ethicallyjustified.