£177.67

BANK FAILURES DURING THE FINANCIAL CRISI: Causes & Consequences (Banking and Banking Developments: Economic Issues, Problems and Perspectives)

Business & Economic History

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Cheaper than 85% of the days we've watched it. Below what most people pay.

£178 today · 30-day average £199 · all-time low £163

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Description

Between January 2008 and December 2011, a period of economic downturn in the United States, 414 insured U.S. banks failed. Of these, 85 percent or 353 had less than $1 billion in assets. These small banks often specialise in small business lending and are associated with local community development and philanthropy. These small bank failures have raised questions about the contributing factors in the states with the most failures, including the possible role of local market conditions and the application of fair value accounting under U.S accounting standards. This book discusses the factors that contributed to the bank failures in states with the most failed institutions between 2008 and 2011 and what role, if any, fair value accounting played in these failures; the use of shared loss agreements in resolving troubled banks; and the effect of recent bank failures on local communities.

Product Specifications

Format: hardcover
ASIN: 1626186154
Category: Books > Subjects > Business, Finance & Law > Biographies & Histories > Business & Economic History
Domain: Amazon UK
Release Date: 19 June 2013
Listed Since: 26 March 2013

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BANK FAILURES DURING THE FINANCIAL CRISI: Causes & Consequences (Banking and Banking Developments: Economic Issues, Problems and Perspectives)

Cheaper than 85% of the days we've watched it. Below what most people pay.

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