Preventing Financial Chaos: An International Guide to Legal Rules and Operational Procedures for Handling Insolvent Banks (eBook, PDF)

An International Guide to Legal Rules and Operational Procedures for Handling Insolvent Banks

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There is a fundamental reason, the authors of this book contend, why national financial systems falter and collapse: the failure of central banks and other supervisory authorities to deal promptly and decisively with insolvent banks. In Preventing Financial Chaos Ramsey and Head, both well-known to the international banking community for their restructuring services in developing and transitional economies, take a no-nonsense attitude and show exactly how to usher a problem bank out of the financial system in any country. Their clearly defined rules and procedures build disciplined, competent ...

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