Restoring Confidence in the Financial System ( Editura: Harriman House Publishing/Books Outlet, Autor: Sean Tully, Richard Bassett, ISBN 9781906659660)
Preț: 20,00 lei
Disponibilitate: în stoc
Autor: Sean Tully, Richard Bassett
ISBN: 9781906659660
Editura: Harriman House Publishing
Anul publicării: 2018
Pagini: 166
Format: 15,5x23 cm
Categoria: Political Economy
DESCRIERE
Restoring Confidence In The Financial System' is a ground-breaking book in which a top mathematician and an experienced City banker explore how confidence in the global financial system was destroyed by the current banking crisis. The authors then show how a radical and new but easily understood measure of risk, revealed here for the first time, can prevent another such bubble from ever happening again. This new measure, called see-through leverage or STL, can be used to restore faith in the financial system by allowing a rapid means of differentiating between potentially toxic and healthy 'AAA'-rated securities. Armed with STL, investors, rating agencies and regulators alike can cut through the complexity of economic modeling to the nub of the problem: leverage.
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