Includes a new foreword to the paperback edition.

The Troubled Asset Relief Program ("TARP") represents a massive and unprecedented investment of taxpayer money designed to stabilise the financial industry and

Examines the causes of the financial crisis that began in 2008 and reveals the weaknesses found in financial regulation, excessive borrowing, and breaches in ac

Financial crises are recurring phenomena that result in the financial distress of systemically important banks, making it imperative to understand how to best r

A special series outlining policy priorities and solutions in 2021 by the Peterson Institute for International Economics.