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Time to Set Banking Regulation Right by Jacopo Carmassi and similar books you'll love - Bookscovery

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Time to Set Banking Regulation Right

Jacopo Carmassi, Stefano Micossi

Leverage and risk taking by large international banks were the main causes of the 2008-09 financial crisis and the ensuing sharp drop in economic activity and employment. The author proposes the calculation of capital requirements without risk adjustment and creation of a system of mandated action by supervisors modeled on the US framework.

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