000			03444nam a2200385 a 4500
001			0000130095
005			20171002061011.0
006			m u
007			cr cn|||||||||
008			101004s2011 njua sb 001 0 eng d
010			_z 2010042162
020			_z9780470942758 (hardback)
020			_z9781118014905 (e-book)
035			_a(CaPaEBR)ebr10441454
035			_a(OCoLC)826452065
040			_aCaPaEBR _cCaPaEBR
043			_an-us---
050	1	4	_aKF969.58201 _b.A2 2011eb
082	0	4	_a346.73/08 _222
100	1		_aSkeel, David A., _d1961-
245	1	4	_aThe new financial deal _h[electronic resource] : _bunderstanding the Dodd-Frank Act and its (unintended) consequences / _cDavid Skeel.
260			_aHoboken, N.J. : _bWiley, _cc2011.
300			_axix, 220 p. : _bill.
504			_aIncludes bibliographical references (p. 205-210) and index.
505	0		_aThe corporatist turn in American regulation -- The Lehman myth -- Geithner, Dodd, Frank, and the legislative grinder -- Derivatives reform : clearinghouses and the plain-vanilla derivative -- Banking reform : breaking up was too hard to do -- Unsafe at any rate -- Banking on the FDIC (resolution authority I) -- Bailouts, bankruptcy, or better? (resolution authority II) -- Essential fixes and the new financial order -- An international solution?.
520			_a"What can we expect from our era's New Deal? To answer this question, The New Financial Deal will begin with an inside account of the legislative process, then outline and access its key components: the new framework for regulating derivatives, the regulation of banking and systemic risk, and the new resolution regime. It will explain the implications of the new framework, and propose correctives that would better align its ostensible objectives--such as preventing future bailouts--with the new regulatory structure. The legislation's key theme is government partnership with and regulation of large concentrated institutions in order to reduce their risk and manage their failure. In place of the decentralized pre-crisis regulation of derivatives, the new legislation will require that most derivatives be cleared through a clearing house and traded on exchanges. The stability of the derivatives market will therefore depend on a small number of potentially enormous clearing houses. For large financial institutions that encounter financial distress, the legislation gives bank regulators sweeping new authority to step in and take over the institution. Regulators, rather than negotiations among the parties themselves, will determine the outcomes. These epochal reforms are posed to change Wall Street forever, but whether they help to regulate supermarket banks or create even more moral hazard is worthy of serious debate."-- _cProvided by publisher.
533			_aElectronic reproduction. _bPalo Alto, Calif. : _cebrary, _d2013. _nAvailable via World Wide Web. _nAccess may be limited to ebrary affiliated libraries.
610	1	0	_aUnited States. _tDodd-Frank Wall Street Reform and Consumer Protection Act.
650		0	_aFinancial services industry _xLaw and legislation _zUnited States.
650		0	_aFinancial institutions _xLaw and legislation _zUnited States.
655		7	_aElectronic books. _2local
710	2		_aebrary, Inc.
856	4	0	_uhttp://site.ebrary.com/lib/daystar/Doc?id=10441454 _zAn electronic book accessible through the World Wide Web; click to view
908			_a170314
942	0	0	_cEB
999			_c119244 _d119244