The banking crisis handbook

Foreword

Acknowledgments

Introduction

Editor

Contributor Bios

Contributors

Part 1. Banking Gross Negligence and Shadow Banking System

Chapter 1. The Banking Crisis of the New Millennium-Why It Was Inevitable / Carolyn V. Currie

Chapter 2. The Effect of Monetary Policy on Stock Prices: The Subprime Mortgage Crisis / Xanthi Gkougkousi / Peter Roosenboom

Chapter 3. Shadow Banks and the Financial Crisis of 2007-2008 / Jason Hsu / Max Moroz

Chapter 4. Ineffective Risk Management in Banking: Bold Ignorance or Gross Negligence? / Wilhelm K. Kross / Werner Gleissner

Chapter 5. U.S. Mortgage Crisis: Subprime or Systemic? / Eric Tymoigne

Chapter 6. Regulation and Financial Stability in Laissez-Faire Hong Kong: A Reassuring Record / Leo F. Goodstadt

Chapter 7. Auction Rate Securities: Another Victim of the Credit Crisis / Edwin Neave / Samir Saadi

Chapter 8. The Banking Crisis and the Nation-State / Jörg R. Werner

Chapter 9. The Banking Crisis and the Insurance Markets / Christopher Parsons / Stanley Mutenga

Chapter 10. The Role of Hedge Funds in the Banking Crisis: Victim or Culprit? / Nicolas Papageorgiou / Florent Salmon

Chapter 11. Solving the Banking Crisis: A Private Capital Solution / François-Serge Lhabitant

Chapter 12. Hedge Funds, Financial Leverage, and the 2008 Systematic Crisis: Are They Victims or Killers? / Rucgcro Berteui

Chapter 13. Evaluation of Evidence for Banking Equity Market Volatility in the Emerging Economy of China / Jack Penm / R.D. Terrell

Part II. Global, European, and Emerging Markets' Perspectives

Chapter 14. Global Perspective on the Banking Crisis and Recovery: An Analysis of Domestic vs. Foreign Banks / Mahmud Hossain / Pankaj K. Jain / Sandra Mortal

Chapter 15. Overcoming Institutional Myopia and Bankers' Self-Dealing Behavior: Coping with the Impact of the Global Financial Crisis on European Securitization Markets / Ulrich Hommel / Julia Reichert

Chapter 16. The Millennium's Credit Crunch and Lender of Last Resort: A Review of the Literature / Vicente Jakas

Chapter 17. Emerging Stock Markets and the Current Financial Crisis: Emergence of a New Puzzle? / Mohamed EL Hedi Arouri / Fredj Jawadi / Duc Khuong Nguyen

Chapter 18. The Financial Crisis and Loan Impairment Provisioning in Asian Banks / Tyrone M. Carlin / Nigel Finch / Guy W. Ford

Chapter 19. Currency and Maturity Mismatches in Latin America / Marco Sorge / Chendi Zhang

Chapter 20. Dangers and Opportunities for the Russian Banking Sector: 2007-2008 / Dean Fantazzini / Alexander Kudrov / Andrew Zlotnik

Chapter 21. The Stability of the Australian / Philip A. Stork / Casper G. De Vries

Chapter 22. Why Have Australian Banks Survived the Recent Global Financial Crisis? / John Simpson / Jennifer Westaway

Chapter 23. Default Risk Codependence in the Global Financial System: Was the Bear Stearns Bailout Justified? / Jorge Antonio Chan-Lau

Chapter 24. The Implementation of MiFID in the Financial Crisis Context: An Ethnographic Research Conducted in Greece / Emmanuel Fragniàre / Elena Grammenou

Part III. Preventing Banking Crises, Bank Runs, Regulation, and Bailouts

Chapter 25. Credit Derivatives and What Happened Next: Analysis and Recommendations / Bastian Breitenfellner / Niklas Wagner

Chapter 26. Identifying Bank Run Signals through Sociological Factors: An Empirical Research in the Geneva Area / Giuseppe Catenazzo / Emmanuel Fragnière

Chapter 27. Bank Default Risk in the United States and the United Kingdom / Robert Powell / David E. Allen

Chapter 28. Remuneration, Risk, and Financial Crisis / Guy W. Ford / Tyrone M. Carlin / Nigel Finch

Chapter 29. Some Overlooked Ethical Aspects of Bailing Out Banks and the Philosophy of Frederic Bastiat / Robert W. McGee

Index