The NYU Stern School of Business is one of the top businessschools in the world thanks to the leading academics, researchers,and provocative thinkers who call it home. In Regulating WallStreet: The New Architecture of Global Finance, an impressivegroup of the Stern school’s top authorities on financecombine their expertise in capital markets, risk management,banking, and derivatives to assess the strengths and weaknesses ofnew regulations in response to the recent global financialcrisis.Summarizes key issues that regulatory reform shouldaddressEvaluates the key components of regulatory reformProvides analysis of how the reforms will affect financialfirms and markets, as well as the real economy
The U.S. Congress is on track to complete the most significantchanges in financial regulation since the 1930s. Regulating WallStreet: The New Architecture of Global Finance discusses theimpact these news laws will have on the U.S. and global financialarchitecture.
The financial crisis that unfolded in September 2008 transformedthe United States and world economies. As each day's headlinesbrought stories of bank failures and rescues, government policiesdrawn and redrawn against the backdrop of an historic Presidentialelection, and solutions that seemed to be discarded almost as soonas they were proposed, a group of thirty-three academics at NewYork University Stern School of Business began tackling the hardquestions behind the headlines. Representing fields of finance,economics, and accounting, these professors-led by Dean ThomasCooley and Vice Dean Ingo Walter-shaped eighteen independent policypapers that proposed market-focused solutions to the problemswithin a common framework. In December, with great urgency, theysent hand-bound copies to Washington. Restoring FinancialStability is the culmination of their work.Proposes bold, yet principled approaches-including financialpolicy alternatives and specific courses of action-to deal withthis unprecedented, systemic financial crisisCreated by the contributions of various academics from New YorkUniversity's Stern School of BusinessProvides important perspectives on both the causes of theglobal financial crisis as well as proposed solutions to ensure itdoesn't happen againContains detailed evaluations and analyses covering manyspectrums of the marketplace
Edited by Matthew Richardson and Viral Acharya, this reliableresource brings together the best thinking of finance and economicsfrom the faculty of one of the top universities in world.