An electronic copy of book is available for Library Members Sign in to view the book
Henry Kaufman—renowned economist, former Salomon Brothers researcher known as “Dr. Doom,” and advisor to central bankers—draws on decades of market experience to:
Diagnose core flaws in post‑WWII financial markets, including overreliance on quantitative models and weakened credit‑rating standards
Chart the timeline of systemic weaknesses leading to the 2008 financial crisis
Argue for a public-interest approach to banking regulation—banks must function as fiduciaries serving society, not just shareholders
Propose reforms covering bank structure, oversight, regulation of systemic risk, and the "too-big-to-fail" problem
Sub Title:
Edition:
Volume:
Publisher: John Wiley & Sons
Publishing Year: 2009
ISBN: 978‑0470532126
Pages: 288