Contemporary Issues in the Post-Crisis Regulatory Landscape

The following sections are included:

• Dedication
• Preface
• About the Author
• Contents
• List of Figures
• List of Abbreviations/Acronyms

The following sections are included:

• Free Marketeers and the Dislike of Regulation
• The Facts on the Ground
• Boom and Bust
• Key Players and Culprits
• Good Regulation versus Bad Regulation
• The Status Quo

The following sections are included:

• Introduction
• Securitization
• Inferior Underwriting Standards
• Low Interest Rates and Leverage
• Liquidity
• Deregulation and Regulatory Failure
• Predatory Lending
• Financial Innovation and Financial Engineering
• Underpricing of Risk
• The Shadow Banking System
• Financialization and the Financial Oligarchy
• The Failure of Corporate Governance
• The Failure of Capitalism
• The Failure of Neoclassical Financial Economics
• Conclusion

The following sections are included:

• Introduction
• The History and Extent of Corruption in the Financial Sector
• Moral Hazard and Greed
• Corruption as a Cause of Financial Crises
• Regulatory Capture as a Form of Corruption
• Two Crisis-Related Fiascos
• Market Manipulation and Fraudulent Accounting Practices
• Concluding Remarks

The following sections are included:

• Introduction
• The Rational Expectations Hypothesis
• The Washington Consensus
• The Great Moderation
• The Trickle-Down Effect
• Concluding Remarks

The following sections are included:

• Introduction
• Origin, Evolution and Implications
• The EMH as a Cause of the Global Financial Crisis
• The EMH as a Casualty of the Global Financial Crisis
• Conclusion

The following sections are included:

• Introduction
• Exuberant Remuneration in the Financial Sector
• The Bonus Culture
• The AIG Bonus Fiasco
• Golden Parachutes
• Arguments for and against the Regulation of Remuneration
• Regulatory Proposals
• Conclusion

The following sections are included:

• Introduction
• Definition and Identification
• The Evolution of Shadow Banking
• The Functions of Shadow Banking
• Shadow Banking and the Global Financial Crisis
• Arguments for Regulation
• Arguments against Regulation
• Regulatory Proposals
• Concluding Remarks

The following sections are included:

• Introduction
• History
• Market Structure and Business Models
• The Performance of CRAs
• The Failure of CRAs as an Operational Loss Event
• Contribution to Financial Crises
• The Regulatory Debate
• Regulatory Proposals
• Why are CRAs Still in Business?

The following sections are included:

• Introduction
• A Brief History of QE
• Monetary Expansion as a Consequence of QE: The US Experience
• The Inflationary Consequences of QE: Some Theoretical Considerations
• The Opposite View: QE is not Inflationary
• Another View: QE is Deflationary
• Money Creation versus Money Printing
• QE as a Monetization of the Budget Deficit
• Where is the QE-Triggered Inflation?
• Is Inflation Likely to Emerge in the Future?
• The Financial Effects of QE: Interest Rates and Asset Prices
• Conclusion

The following sections are included:

• Introduction
• Causes and Consequences of the Icelandic Crisis
• Official Investigation into Fraud and Corruption
• Crisis Resolution and Recovery
• Financial Reform
• Conclusion

The following sections are included:

• Triumph of the Financial Oligarchs
• Regulating by Tweaking Around the Edges
• Nobel Prize in Economics, Free Market Ideology and Deregulation
• Concluding Thoughts: Radical Regulatory Action

The following sections are included:

• References
• Index