hardware nuts
financial regulation after the subprime and credit crisis
the recent subprime mortgage and credit crisis has affected nearly all americans . it is too late to prevent this crisis but it is not too early to look at what caused it and what can be done to avert similar situations in the future . the volume presents an insightful analysis of the crisis catalysts and most importantly advances a practical plan to overcome the deficiencies of the existing regulatory regime . what lessons have we learned about regulatory reform models of securitization and liquidity requirements this book addresses issues central to the debate for strengthening regulatory design through a reduction of home foreclosures an imperative to improve the performance of credit rating agencies and an agreement on executive compensation . by identifying strategies for modification within the market goldstein proposes workable reforms that respond appropriately to current financial vulnerabilities and minimize the likelihood of a future crisis .