Abstract
The first nine chapters of this book should have brought to the reader’s attention the impossible situation the banking industry has created for itself, on-balance-sheet and off-balance-sheet. Bad enough though their case is, the subprimes are not the only reason why investment banks, commercial banks, mortgage lenders, non-bank banks, and other financial institutions are in trouble.
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Merrill Lynch, Investment Strategy, 17 March 2008.
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© 2009 Dimitris N. Chorafas
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Chorafas, D.N. (2009). Is There a Remedy for the Problems of Bank Supervision?. In: Financial Boom and Gloom. Palgrave Macmillan Studies in Banking and Financial Institutions. Palgrave Macmillan, London. https://doi.org/10.1057/9780230235830_10
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DOI: https://doi.org/10.1057/9780230235830_10
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-36763-4
Online ISBN: 978-0-230-23583-0
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