Banking

Leveraged maturity transformation with an implicit state backstop; the literature is mostly about what happens when that breaks.

9 books · 21 people behind it

Start here

  1. Lombard StreetWalter Bagehot, 1873
  2. The House of MorganRon Chernow, 1990
  3. The Bankers' New ClothesAnat Admati, Martin Hellwig, 2013

The people behind it 21

Each person holds a book in this entry or names it in their own tags.

Investors 2

CD
Charles D. Ellisnamed in their tags
SH
Sidney Homernamed in their tags

Academics 5

CP
Charles P. Kindlebergernamed in their tags
SH
Sidney Homernamed in their tags
FP
Frank Partnoynamed in their tags
NF
Niall Fergusonnamed in their tags
ED
Emanuel Dermannamed in their tags

Journalists 14

RC
Ron Chernow2 books here
Michael Lewis1 book hereAndrew Ross Sorkin1 book here
CD
Charles D. Ellisnamed in their tags
RL
Roger Lowensteinnamed in their tags
Bethany McLeannamed in their tags
CB
Connie Brucknamed in their tags
FP
Frank Partnoynamed in their tags
FL
Frederick Lewis Allennamed in their tags
GT
Gillian Tettnamed in their tags
NF
Niall Fergusonnamed in their tags
WD
William D. Cohannamed in their tags
DK
David Kynastonnamed in their tags
PA
Philip Augarnamed in their tags

Books 9

Walter Bagehot · 1873 · The origin of lender-of-last-resort doctrine.
Michael Lewis · 1989 · Insider account of Salomon Brothers and the mortgage desk.
Ron Chernow · 1990 · Four generations of Anglo-American finance; National Book Award.
Ron Chernow · 2004 · Chernow on the man who built American public credit and its bank
Ferdinand Pecora · 1939 · The investigator's own account of the hearings that produced the SEC
Andrew Ross Sorkin · 2009 · The definitive blow-by-blow of the 2008 rescue.
Anat Admati, Martin Hellwig · 2013 · The case for far higher bank equity capital.
Charles W. Calomiris, Stephen H. Haber · 2014 · Banking crises as outcomes of political bargains, not accidents.
David Enrich · 2017 · The Libor rigging scandal told through the traders who ran it