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The book contends that, while several factors can be blamed for the financial crisis of 2007, a failure of regulation was the most important one. The changes to bank regulation that have happened since are not good enough to make the banking system a great deal safer than before We need to look at radical, out-of-the-box solutions if another major financial upheaval is to be prevented.

Produktbeschreibung
The book contends that, while several factors can be blamed for the financial crisis of 2007, a failure of regulation was the most important one. The changes to bank regulation that have happened since are not good enough to make the banking system a great deal safer than before We need to look at radical, out-of-the-box solutions if another major financial upheaval is to be prevented.
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Autorenporträt
T.T. Ram Mohan, professor of finance and economics at the Indian Institute of Management, Ahmedabad, obtained his doctorate from Stern School of Business, New York University. He has authored numerous journal papers and six books. Prof. Ram Mohan worked in consulting, banking, and investment banking before entering academics. He has served on several committees of the Reserve Bank of India, India's central bank, and he has been a member of the Primary Market Advisory Committee of the Securities and Exchange Board of India, India's financial markets regulator. He has also been an independent director on the boards of several companies, including many in the financial sector. He's a frequent contributor to leading newspapers in India and abroad.