Broke: Americas Banking System, Common Sense Ideas to Fix Banking in America Richard J. Parsons

ISBN: 9780988637900

Published: by The Risk Management Association (RMA) and written

Paperback

181 pages


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Broke: Americas Banking System, Common Sense Ideas to Fix Banking in America  by  Richard J. Parsons

Broke: Americas Banking System, Common Sense Ideas to Fix Banking in America by Richard J. Parsons
by The Risk Management Association (RMA) and written | Paperback | PDF, EPUB, FB2, DjVu, talking book, mp3, RTF | 181 pages | ISBN: 9780988637900 | 6.38 Mb

Published by The Risk Management Association (RMA) and written by Richard J. Parsons, Broke: Americas Banking System, Common Sense Ideas to Fix Banking in America recommends systemic improvements to basic banking in America and offers a commonMorePublished by The Risk Management Association (RMA) and written by Richard J.

Parsons, Broke: Americas Banking System, Common Sense Ideas to Fix Banking in America recommends systemic improvements to basic banking in America and offers a common sense approach to transforming the industry.The recent financial crisis revealed substantial design flaws in the U.S. and global banking systems. Although public policy makers like the Federal Reserve have done an admirable job of preventing the crisis from becoming the Second Great Depression, the system remains flawed. As a result, the U.S. is vulnerable to future banking shocks that could lead to greater government intervention and more financial hardship for Americans.Parsons seeks to break the trend of repeating the same mistakes with thoughtful insights and recommendations to help the banking industry regain its stature.Broke consists of five sequential parts:Part 1 - Case Study: The Community Banking Crisis in AmericaPart 2 - Bankers and Directors: Its Time to Raise the BarPart 3 - Apple Pie, Chevrolet, and Bank FailuresPart 4 - Questions for Regulators and LawmakersPart 5 - Moving Forward



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