Too Big to Save: How to Fix the U.S. Financial System

Robert C. Pozen

Too Big to Save: How to Fix the U.S. Financial System
Format
Hardback
Publisher
John Wiley and Sons Ltd
Country
United States
Published
20 October 2009
Pages
480
ISBN
9780470499054

Too Big to Save: How to Fix the U.S. Financial System

Robert C. Pozen

Industry luminary Robert Pozen offers his insights on the future of U.S. finance The recent credit crisis and the resulting bailout program are unprecedented events in the financial industry. While it’s important to understand what got us here, it’s even more important to consider how we should get out. While there is little question that immediate action was required to stabilize the situation, it is now time to look for a long-term plan to reform the United States financial industry. That is where Bob Pozen comes in. Perhaps more than anyone in the industry, Pozen commands the respect and attention of the public and private sector. In this timely guide, he outlines his vision for the new financial future and provides actionable advice along the way. To Pozen, there are four high-priority problems that must be addressed, and this book puts them in perspective Analyzes alternative models for government stakes in banks Recommends a new board structure for large financial institutions Examines the importance of broader Fed jurisdiction over systemic risks Proposes a way to revive the securitization of loans With Too Big to Save , you’ll learn the likely future of the finance industry and understand why changes have to be made.

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