Stephen Bell and Andrew Hindmoor compare banking systems in the U.S. and UK to those of Canada and Australia and explain why the system imploded in the former but not the latter. Canadian and Australian banks were able to make profits through traditional lending practices, unlike their competition-driven, risk-taking U.S. and UK counterparts.Speech to the London Society of Chartered Accountants, Bank of England, London, 26 March. Available at ... Available at http://www.goldmansachs.com/s/ swf/2008annual/pdfs/GS_2008_Annual_Report.pdf. ... aThe $100 Billion Question.
|Title||:||Masters of the Universe, Slaves of the Market|
|Publisher||:||Harvard University Press - 2015-03-09|