It takes the average reader to read Overcoming Too-big-to-fail by Jacopo Carmassi
Assuming a reading speed of 250 words per minute. Learn more
Following the demise of Lehman Brothers, the debate on regulatory reform has centered around whether large financial institutions must be broken up and their risk-taking activities limited by law, as called for by the "Volcker rule." This report argues that such actions are by no means necessary, may be hard to implement in practice, and could entail large costs in terms of the availability of credit to the economy (e.g., if they reduced the ability of banks to hedge their credit positions). Alternative solutions exist that can achieve a more stable and resilient financial system without renouncing the benefits of multi-purpose financial institutions and innovative finance. These are predicated on effectively curtailing moral hazard and strengthening market discipline on banks' shareholders and managers by raising the cost of the banking charter to reflect fully its benefits for the banks, and on restoring the possibility that all or at least most financial institutions could go bust without triggering unmanageable systemic repercussions.
Overcoming Too-big-to-fail by Jacopo Carmassi is 0 pages long, and a total of 0 words.
This makes it 0% the length of the average book. It also has 0% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes to read Overcoming Too-big-to-fail aloud.
Overcoming Too-big-to-fail is suitable for students ages 2 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
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